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VN-Index up for fourth straight session

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HCMC – The VN-Index of the Hochiminh Stock Exchange extended its gains for the fourth straight day, closing the session up 0.14% at 897.47 points today, September 16, buoyed by some top heavyweights.

With 183 gainers and 198 losers, market turnover dropped by 24% in volume and 25% in value from the session earlier, at 290.4 million shares worth VND5 trillion.

Three top heavyweights, including lender VCB and property firms VIC and VHM, were key contributors to the rise of the southern bourse.

Among large caps, fuel distributor PLX went up 2.6% at the close, while some other stocks traded in negative territory and inched down 0.5%.

Though lender STB lost steam, the stock was the most actively traded in the VN30 basket and came second for liquidity on the southern exchange, with over 10 million shares changing hands.

Steel firm HSG shot up 6.2% and took the lead by liquidity on the southern bourse with a matching volume of over 20.5 million shares.

The HNX-Index of the Hanoi Stock Exchange ended its three-day winning streak, and lost 0.04%, or 0.06 points, against the session earlier, at 127.87.

Gas firm PVS finished the day up 3.2% and became the most actively traded stock on the northern bourse with over 9.5 million shares transacted.

Among large caps, forestry corporation VIF, service company THD and construction firm VCG performed well while lenders ACB and SHB, the two largest stocks by market capitalization, lost ground.

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