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VN-Index extends winning streak

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HCMC – The Hochiminh Stock Exchange maintained active trading thanks to strong cash flow into many bluechips, pushing the VN-Index up for the third straight day to close at 874.12 points today, August 25.

With 209 winning stocks and 179 losers, the main index ended the session up 0.63%, or 5.44 points, against the day earlier. Trade volume totaled over 399 million shares worth VND7.5 trillion, up 5% in volume and 14% in value from the session earlier. There were over 56.5 million shares valued at VND1.56 trillion transacted in block deals.

The VN30 basket saw many stocks attract cash flow, with 24 stocks having over one million shares changing hands each.

Financial service provider TCH was the most actively traded stock in the basket, with matching volume of 14.6 million shares traded. TCH closed the market up 2.9%, marking the third consecutive rising session.

Mobile phone retailer MWG, petroleum firm PLX and housing developer KDH made strong gains while jewelry firm PNJ, property firm VIC and brewery stock SAB advanced by 2%-2.5%, contributing to the rise in the main index.

Among the small and medium stocks, the cash flow remained positive, with property firm HBC, electrical equipment firm GEX and housing developer TDH seeing from five to 11 million shares changing hands.

Real estate stock HQC, despite ending the day at the reference price, took the lead on the southern bourse by liquidity with over 18 million shares exchanged.

On the Hanoi Stock Exchange, the HNX-Index continued to rise by 0.21 points, or 0.17%, against the day earlier, at 123.37, extending its winning streak to the fifth straight day. The northern market saw trade volume and value improve by 20% and 12%, respectively, at 57.7 million shares and VND662.3 billion.

Lender ACB inched up 0.5% at the close and became the most actively traded stock on the northern market with some 7.8 million shares transacted. Property firm CEO came second for liquidity and finished the session up 5.6%.

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