Vietnamese stock market extends gain
The rise on the morning of July 2 was largely contributed by some banks and securities firms.
THE HANOI TIMES — Vietnamese shares made slight increases on the morning of July 2 as banking and financial stocks continued their uptrend.
Trading screens at Everest Securities JSC. Photo: Pham Hung/The Hanoi Times
The benchmark VN-Index on the Ho Chi Minh Stock Exchange inched up 0.1%, ending the morning session at 1,379.61 points.
It had gained 0.89% over the previous three days.
A total of nearly 337 million shares were traded on the southern bourse, worth VND8.3 trillion (US$317.3 million).
According to Vietstock.vn, banking and financial stocks led the market growth, with the sector index up 0.75%.
The top gainers included Techcombank (TCB), Sacombank (STB), HCM Securities (HCM), SSI Securities (SSI), and VIX Securities (VIX), with growth ranging from 1% to 2.3%.
Other stocks that boosted the market included the logistics and port operator Gemadept (GMD), the industrial park operator Kinh Bac Corp (KBC), and the consumer goods company Masan (MSN).
On the Hanoi Stock Exchange, the HNX Index increased 0.6% to 229.77.
This recovery followed a 0.3% drop on July 1.
More than 38 million shares were traded on the northern market, worth VND711 billion ($27 million).
