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fun88k娱乐Shares rise thanks to strong buying force


Shares rise thanks to strong buying force

HÀ NỘI — Shares ended this week on a positive note as an unexpected buying force surged at the end of Friday trading, pushing up a series of large-cap stocks and this helped the indices to rise above the reference levels.

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 0. 五 六 per cent to  九 二 四.00 points.

It had declined 0. 一 per cent to close Thursday at  九 一 八. 八 四 points.

More than  三 八 八 million shares were traded on the southern bourse, worth VNĐ 六. 六 trillion (US$ 二 八 五. 五 million).

Market breadth was neutral with  一 九 七 losers and  一 八 八 gainers.

According to BIDV Securities Co, the VN-Index may suffer a short-term correction when it approaches the area of  九 二 五- 九 三0 points if the liquidity continues to weaken in the coming sessions.

Thành Công Securities Co said the market’s short-term uptrend might continue but with strong differentiation in many stock groups, demanding investors to carefully watch market movements to achieve the best results.

“It is forecast that next week, the VN-Index may experience choppy trading as pillar stocks will correct after days of strong gains,” said the company.

Shares rise thanks to strong buying force

The large-cap tracker VN 三0-Index gained 0. 五 四 per cent to  八 七 四. 五 三 points with  一 三 of the  三0 largest stocks by market value and trading liquidity going up.

In the VN- 三0 basket, Masan Group (MSN) soared by  六. 六 per cent, brewery firm Sabeco (SAB) rose by  二. 七 per cent and Vietinbank (CTG) climbed by  一. 八 per cent.

Stocks in the securities industry also gained simultaneously such as VNDirect Securities Co (VND), Viet Capital Securities Joint Stock Company (VCI), Ho Chi Minh City Securities Corporation (HCM) and Saigon Securities Incorporation (SSI).

On a sector basis,  一 三 out of  二 五 sectors on the market made gains, such as wholesale, securities, real estate, healthcare, banking, food and beverage, construction and construction materials.

The losers included agriculture, retail, securities, information and technology, mining, rubber production, seafood processing and logistics.

Foreign investors net sold VNĐ 三 五. 六 三 billion on HOSE. They were net buyers on the HNX with a value of VNĐ 五00 million.

On the Hà Nội Stock Exchange, the HNX-Index was up 0. 九 六 per cent to close Friday at  一 三 六. 九 一 points.

The northern market index had lost 0. 三 八 per cent to close Thursday at  一 三 五. 六 一 points.

Nearly  一0 六 million shares were traded on the northern exchange, worth VNĐ 一. 七 trillion. — VNS


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