Stock markets close on positive note
The Saigon Times
|The façade of the Hochiminh Stock Exchange in District 1, HCMC. The VN-Index of the Hochiminh Stock Exchange ended up 0.91% at 1,186.36 points today – PHOTO: THANH HOA|
HCMC – The VN-Index of the Hochiminh Stock Exchange ended the day up 0.91% at 1,186.36 points today, March 30, supported by the good performance of many bluechips.
At the close, 270 stocks finished the session up while 165 others lost ground. Over 780.7 million shares worth VND16.9 trillion changed hands, up 18% in volume and 17% in value, from the day earlier. Block deals contributed over VND2.4 trillion to the total value.
Lender STB stole the limelight as the stock was an outstanding cash magnet, seeing a record matching volume of some 100 million shares at the close. Other bank stocks such as SSB, CTG, TCB, HDB and VPB also were in positive territory.
Among main supporters for the southern bourse, insurer BVH and consumer goods company MSN improved by 1.4% and 2.8%, respectively.
Many speculative stocks such as property developer FLC, construction firm ROS and mining firm AMD hit their ceiling prices at the close.
The HNX-Index of the Hanoi Stock Exchange advanced 4.98 points, or 1.8%, from the session earlier, at 218.14, extending its winning streak for a third session.
Lender SHB was still the most actively traded stock on the northern bourse, with 44.8 million shares changing hands, and ended the day at the ceiling price. Many small stocks were good performers and shot up to the upper limits.