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VN-Index rises for third straight session

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HCMC – The VN-Index of the Hochiminh Stock Exchange extended its rising streak to the third straight session today, September 30, albeit modestly.

With 225 gainers and 143 losers, the index added 2.85 points, or 0.11%, at 1,342.06 points.

There were more than 476.9 million shares worth nearly VND15.2 trillion traded on bourse, down 20% in volume and 12% in value. Of the total, over 38.6 million shares valued at more than VND1.97 trillion were transacted in block deals.

The VN30 basket split as 13 stocks gained, 11 others fell and six closed at their reference prices.

In the basket, jewelry company PNJ extended its rise to pick up 5.8% at VND98,700. In addition, retailer VRE added 2.8% at VND29,000, while real estate stock VIC, securities firm SSI and consumer goods company MSN rose over 1% each.

On the other hand, two stocks in the basket reporting the sharpest fall were lenders VCB and BID with a respective decline of 1.3% and 1.1%.

HPG remained the most actively traded stock on the southern market with 23.1 million shares changing hands.

Among small and medium stocks, fertilizer maker DCM surged 6.9% to its ceiling price, at VND26,450, and saw more than 10.5 million shares matched. Two other fertilizer makers DPM and BFC increased 3.8% and 3.9%, respectively.

In the group of transport stocks, TMS soared to its ceiling price, at VND67,400, HAH gained 4.5% and VSC expanded 3.7%.

Developments on the Hanoi market were similar to those on the southern bourse. The HNX-Index fluctuated in a narrow range and closed up slightly.

The index increased 3.03 points, or 0.86%, at 357.33 points. Over 90.7 million shares worth over VND1.9 trillion were traded.

Bank stock SHB rose 2.3% at VND26,600 and led the market in terms of liquidity with more than 10.39 million shares changing hands.

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