The national stock market extended its rally on both bourses on July 6as blue chips maintained their growth and market liquidity remainedhigh.
In total the market traded 245 million shares, worthnearly 4 trillion VND (185 million USD) on both bourses, with blue chipsleading the market.
On the HCM Stock Exchange, the VN-Index added 1.43 percent to finish at 625.22 points with 142 gainers and 80 decliners.
TheVN30 Index, which tracks top 30 shares in terms of capitalisation andliquidity, was up 1.51 percent to 649.54 points with 22 advancing codesand two decliners.
Insurance and gas shares took the lead on themarket. Bao Viet Holdings (BVH) and Petrovietnam Drilling & WellService Corporation (PVD) hit their ceiling prices with a growth of 6.81and 6.42 percent, respectively.
Other similar codes also madehigh gains, including Petrovietnam Transportation Corporation (PVT),Petrovietnam Gas Corporation (GAS), BIDV Insurance Corporation (BIC) andBao Minh Insurance Corporation (BMI).
Other blue chips alsocontributed to the growth of the market with high increases, includingHCM City Infrastructure Investment Joint Stock Company (CII), Ma SanGroup (MSN) and Vietnam Dairy Products Joint Stock Corporation (VNM).
Bankshares and securities shares slightly increased. Among bank shares,Vietcombank (VCB) and Military Bank (MBB) remained flat, while SaigonSecurities Incorporation (SSI) was the only gainer among securitiesshares.
Japan Vietnam Medical Instrument Joint Stock Company(JVC) was the most active code on the southern bourse, trading more than9.3 million shares at the ceiling price of 9,200 VND per share.
Onthe Hanoi Stock Exchange, the HNX Index was up 2.01 percent to close at89.47 points with 114 advancing shares and 86 falling ones.
Themarket conditions were similar to the southern bourse, with gas sharestaking the lead to drive the market up. Petro Vietnam Construction JointStock Corporation (PVX) and Petroleum Technical Services Corporation(PVS) were among the three most active stocks with a growth of 7.5 and 6percent.
Drilling Mud Corporation (PVC) and Petrovietnam Southern Gas JSC (PGS) also advanced.
Thenorthern bourse was also driven up by two banks – Saigon-Hanoi Bank(SHB) and Asia Commercial Bank (ACB) – which gained 1.16 and 4.93percent.
Overall, foreign investors remained net buyers on bothbourses with total buy value of 74.3 billion VND (3.44 million USD).However, their net buy values fell by 76.7 percent to 38.6 billion VND(1.78 million USD) and by 11 percent to 35.6 billion VND (1.65 millionUSD).-VNA
In total the market traded 245 million shares, worthnearly 4 trillion VND (185 million USD) on both bourses, with blue chipsleading the market.
On the HCM Stock Exchange, the VN-Index added 1.43 percent to finish at 625.22 points with 142 gainers and 80 decliners.
TheVN30 Index, which tracks top 30 shares in terms of capitalisation andliquidity, was up 1.51 percent to 649.54 points with 22 advancing codesand two decliners.
Insurance and gas shares took the lead on themarket. Bao Viet Holdings (BVH) and Petrovietnam Drilling & WellService Corporation (PVD) hit their ceiling prices with a growth of 6.81and 6.42 percent, respectively.
Other similar codes also madehigh gains, including Petrovietnam Transportation Corporation (PVT),Petrovietnam Gas Corporation (GAS), BIDV Insurance Corporation (BIC) andBao Minh Insurance Corporation (BMI).
Other blue chips alsocontributed to the growth of the market with high increases, includingHCM City Infrastructure Investment Joint Stock Company (CII), Ma SanGroup (MSN) and Vietnam Dairy Products Joint Stock Corporation (VNM).
Bankshares and securities shares slightly increased. Among bank shares,Vietcombank (VCB) and Military Bank (MBB) remained flat, while SaigonSecurities Incorporation (SSI) was the only gainer among securitiesshares.
Japan Vietnam Medical Instrument Joint Stock Company(JVC) was the most active code on the southern bourse, trading more than9.3 million shares at the ceiling price of 9,200 VND per share.
Onthe Hanoi Stock Exchange, the HNX Index was up 2.01 percent to close at89.47 points with 114 advancing shares and 86 falling ones.
Themarket conditions were similar to the southern bourse, with gas sharestaking the lead to drive the market up. Petro Vietnam Construction JointStock Corporation (PVX) and Petroleum Technical Services Corporation(PVS) were among the three most active stocks with a growth of 7.5 and 6percent.
Drilling Mud Corporation (PVC) and Petrovietnam Southern Gas JSC (PGS) also advanced.
Thenorthern bourse was also driven up by two banks – Saigon-Hanoi Bank(SHB) and Asia Commercial Bank (ACB) – which gained 1.16 and 4.93percent.
Overall, foreign investors remained net buyers on bothbourses with total buy value of 74.3 billion VND (3.44 million USD).However, their net buy values fell by 76.7 percent to 38.6 billion VND(1.78 million USD) and by 11 percent to 35.6 billion VND (1.65 millionUSD).-VNA
