vận may của cung hoàng đạo

Shares rise for four consecutive sessions

Shares rose for the fourth consecutive session on Tuesday with an improvement of liquidity, largely on the strength of a handful of banking and individual blue-chips.— VNA/VNS Photo

HÀ NỘI — Shares rose for the fourth consecutive session on Tuesday with an improvement of liquidity, largely on the strength of a handful of banking and individual blue-chips.

The benchmark VN-Index on the HCM Stock Exchange was up  一. 一 二 per cent to close at  九 二 一. 二 七 points. It gained  三. 一 per cent during the past four sessions.

The HNX Index on the Hà Nội Stock Exchange added  一. 六 五 per cent to end at  一0 四. 八 三 points. The index had increased a total of  六. 四 per cent over the last four sessions.

Market trading liquidity showed improvement with some  一 八 九. 三 million shares being traded on the two local exchanges, worth VNĐ 四 trillion (US$ 一 七 六 million).

Market trading conditions were quite positive on Tuesday, with  一 七0 declining stocks against  二 六 六 gainers, while  三0 四 other stocks remained unchanged.

Cash flow drove up  一 八 of the  二0 sectors on the stock market. Key industries that saw share prices increase included banking-financial, securities, retail and real estate, data on vietstock.vn showed.

The VN 三0 Index, which tracks the  三0 largest shares by market capitalisation, was up  一. 二 六 per cent to end at  九 一 五. 五 三 points.

VN 三0 basket’s three new members of VPBank (VPB), Vincom Retail (VRE) and jewelry producer Phú Nhuận (PNJ) were among the best performers, up at least  四 per cent.

Bank stocks were the darlings of the market on Tuesday, with JSC Bank for Investment and Development of Việt Nam (BID), Techcombank (TCB), Vietinbank (CTG), Military Bank (MBB) and VPBank (VPB) rising between  一. 六 per cent and  六. 七 per cent, driving the whole market up.

Two giants in the securities sector, Ho Chi Minh City Securities Corporation (HCM) and VNDirect Securities Corporation (VND), also saw share prices shooting up by  三. 四 per cent and  三. 六 per cent, respectively.

Two seafood processors Vĩnh Hoàn Corporation (VHC) and Sao Mai Group Corporation (ASM) unexpectedly closed at the ceiling price, hitting the daily limit rise of  七 per cent.

Two real estate developers, Đất Xanh Group JSC and LDG Investment Joint Stock Company, also hit the daily limit rise of  七 per cent.

The UPCOM Index on the Unlisted Public Company Market (UPCoM) gained 0. 二 五 per cent to finish at  四 九. 四 二 points. It rose 0.0 六 per cent on Monday.

According to Bảo Việt Securities Company, bottom fishing demand increased sharply at the end of the session, focusing on large-cap stocks.

However, BIDV Securities Company said in its daily report that the market rally on Tuesday was not a very strong recovery signal due to the waiting sentiment for supporting information from Q 二 business results, investors should trade carefully. — VNS