HCMC – Mobile World Investment Corporation (HOSE: MWG) has commenced the repurchase of 10 million shares, starting November 19, as part of a plan to reduce its charter capital.
The buyback, capped at VND200,000 per share, is expected to be completed by December 18.
Closing the trading session today, November 11, MWG shares rose by 1,200 points, or 1.56%, to VND78,000, with more than 5.88 million shares changing hands, giving the company a market capitalization of approximately VND115.3 trillion.
The VN-Index gained 13.07 points, or 0.83%, to end at 1,593.61, with 186 gainers and 114 decliners. Total trading volume reached over 644.5 million shares, worth VND19,760.9 billion, down more than 12% in volume and 7% in value compared to the previous session. Block trades contributed an additional 68.5 million shares, valued at VND2,053 billion.
Blue-chip stocks led the market’s upswing, with Vingroup shares standing out. VRE jumped 4.2% to VND31,050, VHM added 3.6% to VND90,000, and VIC rose more than 1%, collectively contributing over five points to the VN-Index.
Small- and mid-cap stocks showed selective strength, with C32 and HID hitting ceiling prices and HHP rising 6.3% to VND12,750. Gelex Group shares rebounded sharply, with GEX up 5.8% to VND43,250 and VIX up 4.1% to VND24,350, the second-highest traded stock group with over 41.1 million shares.
On the HNX, the HNX-Index closed at 261.08, up 2.9 points (or 1.12%), with 69 stocks advancers and 51 declinersing. Trading volume reached over 56.4 million shares, valued at nearly VND1,258 billion, with block deals adding more than 3 million shares worth VND60.2 billion.
