Stocks open June in green

Upbeat sentiment spread in the Vietnam’s stock market in the trading session on June 1 with foreign investors disbursing generously, lifting most banking shares.
The Vietnam’s benchmark VN-Index gained 5.42 points to close at 574.98 points. There were 90 winners, 114 losers while 72 stocks remained unchanged.
The VN30-Index also rose 4.29 points, or 0.73 percent, to 593.61 points with 12 gainers, 12 losers and 6 stocks stalling.
The HNX-Index of the smaller bourse in the north edged up 0.66 points, or 0.79 percent, to finish at 83.89 points. Of the index members, 110 stocks advanced, 82 retreated, and 171 treaded water.
The HNX30-Index rallied 1.05 points, or 0.66 percent, to 159.06 points.
Total trading value in the market exceeded VND2.4 trillion

In related news, data by the Vietnam Securities Depository (VSD) shows that it issued trading codes for 100 foreign investors in May alone, of which there were 18 institutions and 82 individuals.
Therefore, VSD has so far allocated trading codes to 17,876 foreign investors, of which, 2,672 are organizations and 15,204 are individuals.

By Nhung Nguyen – Translated by Thuy Doan

Other news


VAMC buys nearly VND21 trillion deep debts

Vietnam Asset Management Company (VAMC) purchased VND20,995 billion (US$924 million) of deep debts from credit institutions during the first nine months this year with the price of VND20,619 billion.


Economy stable, inflation under 4%

The Government reported yesterday to the National Assembly that the macro economy remains stable, inflation is controlled under 4 percent, and the annual growth target of 6.7 percent is likely to be achieved. The Gross Domestic Product (GDP) per capita is estimated to reach US$2,400 this year.

Self - introduction