National stocks rallied during March 6’s session after declining to the attractive price level.
On the Ho Chi Minh Stock Exchange, the VN-Index gained 1.94 percent to
471.09 points. Gainers outnumbered losers by 181-55.
However, trading was sluggish, reaching only 487.7 billion VND (23.2
million USD) – a drop of 37.4 percent over the previous day – on a
volume of nearly 35.6 million shares.
The VN30, composed of the city’s leading shares, also rose 2 percent to 539.08 points.
Investors sentiment on these large-cap stocks improved with only
PetroVietnam Low Pressure Gas Distribution Co (PGD) retreating.
On the Hanoi Stock Exchange, the HNX-Index advanced by 2.56 percent to 60.82 points.
As 40.4 million shares changed hands, turnover fetched 311.3 billion
VND (14.8 million USD), accounting for only 70 percent of the previous
The HNX30, tracking the northern
bourse’s largest stocks in terms of capitalisation and liquidity,
finished the session 3.56 percent higher at 117.16 points.
Foreign investors concluded the day as buyers by a margin of some 13
billion VND (619,000 USD), drawn mostly by PetroVietnam Finance (PVF),
PetroVietnam Technical Services (PVS) and wood processing firm Truong
Thanh Furniture (TTF).-VNA