Blue-chip stocks lift up market

Vietnam’s benchmark VN-Index recovered the first time in five days to close week in green on December 2 as some blue-chips stocks rebounded.

The index which tracks 301 companies and five mutual funds listed on the Ho Chi Minh City Stock Exchange regained 0.99 percent, or 3.78 points, to close at 383.88 points.

On the benchmark, 142 stocks increased, 75 lost, while 89 remained unchanged.

Trading on the city bourse improved by 19 percent in volume, and 8 percent in value over the previous day as around 25.31 million shares changed hands at a total value of VND419 billion.

Saigon Thuong Tin Joint Stock Commercial Bank or Sacombank (STB) was the most active share in volume with 1.55 million shares changing hands.

Vinh Son - Song Hinh Hydropower Joint Stock Company (VSH) followed with 1.02 million shares.

Ocean Group Joint Stock Company (OGC) remained at third rank with more than 1 million shares traded.

Viky Plastic Joint Stock Company (VKP) enlarged 10 percent to close at VND1,100.

Basa Joint Stock Company (BAS) sprang 5.56 percent to VND1,900.

Saigon Telecommunication & Technologies Corporation (SGT) edged up 5 percent to VND8,400.

South Vietnam Container Shipping Join Stock Company (VSG) went down 5.56 percent to VND1,700.

Tan Tien Plastic Packaging Joint Stock Company (TTP) and Dong Nai Port Joint Stock Company (PDN) both slashed 5 percent to close at VND24,700, and VND22,800 respectively.

Imexpharm Corporation (IMP) retreated for four consecutive trading sessions, contracting 4.99 percent to VND34,300.

Meanwhile, Hanoi HNX-Index of the smaller bourse in the north climbed 0.82 percent, or 0.5 points, to close at 61.68 points. Around 23.73 million shares changed hands at a value of nearly VND214.06 billion.

The UPCoM-Index of unlisted shares adjusted 0.24 percent, or 0.08 points, to 32.75 points at 2:26 pm Vietnamese time. A total of 284,100 shares changed hands at a value of VND2.43 billion.

By Thuy Doan

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