Market rallies as foreign investors buy shares heavily

Strong purchasing power for blue-chip stocks by foreign investors and increasing gas and oil shares buoyed the Vietnam’s stock market in the trading session on April 15.
The Vietnam’s benchmark VN-Index rose 5.83 points, or 1.04 percent, to close at 564.5 points. Among the index members, 117 stocks jumped, 84 fell while 87 stalled.
The VN30-Index gained 3.54 points, or 0.6 percent, to 590.78 points with 19 gainers, 8 losers and 3 shares remaining unchanged.
The HNX-Index of the smaller bourse in the north also soared 0.83 points, or 1.01 percent, to close at 83.03 points. Of the index, 102 stocks advanced, 74 declined while 195 stood still.
The HNX30-Index rocketed 1.77 percent, or 2.74 points, to close at 157.36 points. There were 19 stocks surging, 6 shrinking, and 5 treading water.
The market’s total trading value also posted strong growth, exceeding VND2.3 trillion.

By Nhung Nguyen – Translated by Thuy Doan

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