Shares rise as large-caps gain ground
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| The benchmark VN-Index on the Ho Chi Minh Stock Exchange gained 0.82 per cent to end the morning session at 1,129.64 points. - Photo cafef.vn |
The benchmark VN-Index on the Ho Chi Minh Stock Exchange gained 0.82 per cent to end the morning session at 1,129.64 points.
More than 509 million shares were traded on the southern bourse, worth VND10.4 trillion (US$450 million).
The large-cap tracker VN30-Index was up 0.81 per cent to 1,100.73 points.
Eight-teen of the 30 large-cap stocks in the VN30 basket increased while eight declined.
A number of blue-chips attracted cash flow such as insurer Bảo Việt Holdings (BVH), steel maker Hoà Phát Group (HPG), Masan Group (MSN), Vingroup (VIC), Vinamilk (VNM), Vietnam National Petroleum Group (PLX), Vincom Retail (VRE), Phú Nhuận Jewelry (PNJ), Vinhomes (VHM) and Mobile World Group (MWG).
Banking group also rallied with Vietcombank (VCB), Military Bank (MBB), VPBank (PVB) and Techcombank (TCB) all gaining.
On the Ha Noi Stock Exchange, the HNX-Index rose 2.34 per cent to 211.10 points.
More than 103 million shares were traded on the northern market, worth VNĐ1.5 trillion.
The afternoon trading session starts at 1pm.
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