Stocks wrap week in green

Vietnam’s benchmark VN-Index extended its winning streak to the third day to wrap week in light note on April 29 as investors did not rush to reduce holdings ahead of a four-day holiday.

The shares of 284 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange shot up 1.51 percent, or 7.15 points, to close at 480.08 points.

The benchmark closed April with a rise of 18.96 points, or 3.95 percent.

On the gauge, 151 stocks climbed, 68 retreated, while 70 remained unchanged.

Trading on the city bourse improved by 12 percent in volume and 46 percent in value over the previous trading session as nearly 25.2 million shares changed hands at a value of VND628.76 billion.

Saigon Securities Inc. (SSI), the country’s largest brokerage, won the position of most active share in volume with 1.57 million shares changing hands.

Thuan Thao Corporation (GTT) took the second rank with 831,980 shares traded.

It was followed by Sai Gon Thuong Tin Joint Stock Commercial Bank or Sacombank (STB) with 488,290 shares.

Thuan An Wood Processing Joint Stock Company (GTA) advanced for three consecutive days, speeding up the daily maximum allowed limit of 5 percent to VND8,400.

Tay Ninh Rubber Joint Stock Company (TRC) rebounded 4.97 percent to close at VND48,600.

Binh Thuan Hamico Mineral Joint Stock Company (KSA) recovered 4.95 percent to VND23,300.

Vinh Long Cereal and Food Corporation (VLF) slumped 4.88 percent to VND15,600.

Duc Thanh Wood Processing Joint Stock Company (GDT) declined for second day, shedding 4.85 percent to VND15,700.

Saigon General Service Corporation (SVC) dropped for four straight days, weakening 4.8 percent to VND21,800.

The Hanoi’s HNX-Index of the smaller in the north slightly inched up 0.37 percent, or 0.31 points, to close at 83.58 points. Trading volume rose over the previous trading session as around 29.4 million shares worth VND383.3 billion changed hands. This month, the measure lost 7.89 points, or 8.62 percent, over March.

Meanwhile, the UPCoM-Index of unlisted shares trimmed 0.13 points to 35.64 points this morning. A total of 138,800 shares changed hands at a value of VND2.6 billion as of 11:15 am local time.

By Sao Khue

Other news