VN-Index wraps week in green

Vietnam’s benchmark VN-Index rebounded for three consecutive trading sessions on January 14 as most blue-chip stocks rallied.

The measure of 279 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange jumped 1.05 percent, or 5.10 points, to finish at 489.22 points.

On the measure, 159 stocks advanced, 54 retreated, while 71 remained unchanged.

Trading volume on the city bourse improved by 40 percent over the previous trading session as around 41.5 million shares changed hands at a value of VND1.06 trillion this morning.

Tan Tao Investment Industry Corporation (ITA) won the position of most active share in volume with 2.61 million shares changing hands.

It was followed by Saigon Securities Inc. (SSI), the country largest brokerage, with 1.48 million shares.

Sacom Development and Investment Corporation (SAM) came in third with 1.34 million shares traded.

Dong A Plastic Group Joint – Stock Company (DAG), Lilama 10 Joint Stock Company (L10), and Vien Dong Investment Development Trading Corporation (VID) all sprang the daily maximum allowed limit of 5 percent to VND16,800, VND23,100, and VND10,500 respectively.

Rang Dong Light Source and Vacuum Flask Joint Stock Company (RAL) climbed for three straight days, gaining 4.98 percent to VND23,200.

Hoang Quan Consulting – Trading – Service Real Estate Corporation (HQC), Royal International Corporation (RIC), and Sacom Development and Investment Corporation (SAM) all advanced 4.97 percent to VND40,100, VND16,900, and VND19,000 respectively.

Stationery producer Thien Long Group Corporation (TLG) sank 5 percent to trade at VND28,500.

Duc Long Gia Lai Group Joint Stock Company (DLG) slashed 4.93 percent to VND27,000.

Transforwarding Warehousing Joint Stock Corporation (TMS) dropped 4.64 percent to VND26,700.

The smaller bourse in the north also slightly rose as the Hanoi’s HNX-Index added up 0.59 percent, or 0.63 points, to close at 108.05 points. Trading volume faintly recovered as just around 26 million shares were traded at nearly VND465 billion.

The UPCoM-Index inched up 0.37 points to 45.11. A total of 120,000 shares changed hands at VND1.6 billion as of 11:20 am local time

By Thuy Doan

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