VN-Index advances for full week

Vietnam’s benchmark VN-Index jumped the most in one month to wrap week in green on January 13 as large-cap stocks advanced strongly thanks to foreign investors.

The index of 301 companies and five mutual funds listed on the Ho Chi Minh City Stock Exchange sprang 1.79 percent, or 6.22 points, to close at 354.33 points.

Among the index members, 135 gained, 75 lost, while 96 remained unchanged.

Trading volume on the city bourse dropped by 10 percent but trading value rose by 15 percent over the previous day as 22.04 million shares changed hands at a total value of VND423 billion.

The fourth largest listed bank Saigon Thuong Tin Joint Stock Commercial Bank or Sacombank (STB) remained at the first place in the race for most active share in volume for eleven consecutive trading sessions with 1.79 million shares changing hands.

Saigon Securities Inc. (SSI), the country’s largest brokerage, chased after with 771,240 shares.

Viet Nhat Medical Instrument Joint Stock Company (JVC) followed with 761,990 shares traded.

Viky Plastic Joint Stock Company (VKP) mounted 12.5 percent to close at VND900.

Basa Joint Stock Company (BAS) closed up 8.33 percent to close at VND1,300.

South Vietnam Container Shipping Joint Stock Company (VSG) rebounded 6.67 percent to VND1,600.

Mekophar Chemical Pharmaceutical Joint Stock Company (MKP) curbed its three-day winning streak, declining 5 percent to finish at VND47,500.

Vietnam Golf Tourism Joint Stock Company (VNG) sank 4.88 percent to VND7,800.

SPM Joint Stock Company (SPM) demolished 4.84 percent to close at VND45,200.

Meanwhile, Hanoi’s HNX-Index of the smaller bourse in the north regained 0.82 percent, or 0.46 points, to close at 56.27 points. More than 20.14 million shares changed hands at a value of VND157.75 billion.

The UPCoM-Index of unlisted shares slid 0.12 percent, or 0.04 points, to 33.4 points at 1:43pm local time. A total of 122,250 shares changed hands at a value of VND849 million.

By Da Nguyet

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