VN-Index climbs to 460 again

Vietnam’s benchmark VN-Index slightly rose to surpass 460 points on April 21 as blue-chip stocks continued to rally.

The shares of 284 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange inched up 0.39 percent, or 1.8 points, to close at 460.3 points.

Of the index members, 68 advanced, 155 declined, while 66 remained unchanged.

Trading volume on the city bourse little changed over the previous trading session as 21.5 million shares changed hands at a value of VND490 billion.

Saigon Thuong Tin Commercial Joint Stock Bank or Sacombank (STB) was the most active share in volume with 931,880 shares changing hands.

Saigon Securities Inc. (SSI), the country’s largest brokerage, remained in second rank with 908,560 shares.

Hoang Anh Gia Lai Joint Stock Company Joint Stock Company (HAG) came next with 686,440 shares traded.

Masan Group (BMC) climbed for two straight days, gaining 5 percent to close at VND94,500.

Interfood Shareholding Company (IFS) capped its three-day losing streak, recovering 4.79 percent to VND15,300.

Duc Long Gia Lai Group Joint Stock Company (DLG) resumed gains, adding up 4.73 percent to VND28,800.

Vietnam Golf Tourism Joint Stock Company (VNG) also rebounded 4.73 percent to close at VND15,500.

Phuc Tien Trade Manufacture Joint Stock Company (PHT) dumped 9.9 percent to close at VND9,100.

Chuong Duong Beverages Joint Stock Company (SCD) dropped after stalling for six consecutive days, dipping 6.57 percent to VND25,600.

Cotec Construction Joint Stock Company (CTD), Saigon Beverages Join Stock Company (TRI), and Dong Thap Trading Corporation (FDG) all gave up 5 percent to VND49,400, VND3,800, and VND26,600 respectively.

The smaller in the north extended its losing streak to nine consecutive days as the Hanoi’s HNX-Index slashed 2.08 percent, or 1.79 points, to close at 84.21 points. Trading volume slightly improved over the previous trading session as 23.2 million shares worth nearly VND300 billion changed hands.

Meanwhile, the UPCoM-Index of unlisted shares contracted 0.19 points to 35.65 points this morning. A total of 91,000 shares changed hands at a value of VND872 million.

By Kha Lam

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