VN-Index rebounds on blue-chips’ rallies

Movements of VN-Index on November 4. (Photo:
The shares of 266 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange reversed from previous losses on November 4 thanked to support from blue-chip stocks.

The Vietnam’s benchmark VN-Index rallied 1.08 percent, or 4.79 points, to 448.95 points.

Trading volume slightly improved over the previous session. Around 28.7 million shares changed hands at a value of VND637 billion.

Of the index, 159 stocks increased, 50 slipped, while 62 were unchanged.

Vinh Son - Song Hinh Hydropower Joint Stock Company (VSH) was the most active share by volume with 2.54 million shares changing hands.

It was followed by Vietnam Electricity Construction Joint Stock Corporation (VNE) with 1.284 million shares.

PetroVietnam Fertilizer and Chemicals Corporation (DPM) tagged along with 1.282 million shares traded.

Duc Long Gia Lai Group Joint Stock Company (DLG) advanced for three consecutive days, emerging 4.94 percent to VND25,500.

Chuong Duong Beverages Joint Stock Company (SCD) climbed 4.9 percent to VND25,700.

Dam Sen Water Park Corporation (DSN) closed up 4.89 percent to trade at VND23,600.

Lix Detergent Joint Stock Company (LIX), which had been unchanged for three straight days, ripped 4.76 percent to VND60,000.

Sieu Thanh Joint Stock Corporation (ST8) declined the second day, plunging 4.7 percent to VND22,300.

Tay Bac Minerals Investment Joint Stock Company (KTB) sliced 4.68 percent to VND28,500.

Meanwhile, the Hanoi’s HNX-Index edged up 0.6 points, or 0.55 percent, to 109.71 points. Trading volume severely fell over the previous day as just 20 million shares worth VND378.22 billion changed hands.

By Thuy Doan

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