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Banking & Finance

All indexes gain ground

Released at: 16:43, 08/01/2018

All indexes gain ground

Image from vneconomy.vn

VN-Index closes at 1,022 points on January 8.

by Hai Van

All indexes on Vietnam’s stock market again closed higher on January 8.

On HSX, the VN-Index increased 10.25 points (1.01 per cent), taking it over 1,022 points, and the VN30-Index rose by 15.77 points (1.56 per cent).

On HNX, the HNX-Index gained 2.16 points (1.81 per cent), the HNX30-Index 5.45 points (2.38 per cent), and the UPCoM-Index 0.53 points (0.94 per cent).

Liquidity on HSX reached VND5.8 trillion ($255 million) and on HNX was VND945 billion ($41.5 million).

The VN-Index opened at 1,011 points and rose from the beginning of the day, closing the morning session at 1,016 points and finishing the day at 1022.9 points.

There were 160 stock codes increasing and 137 decreasing on HSX while 88 rose and 107 fell on HNX.

Afternoon trade boomed, with money flowing across industry groups and helping indexes soar.

In banking, VCB, BIB, CTG, VCB, MBB, VPB, STB, EIB, HDB, LPB, EIB, and STB all hit their price ceilings. Foreign investors net bought nearly 14 million HDB shares in the afternoon.

In food and beverages, KDC rose 0.5 per cent as VCF fell 1.7 per cent, VNM 1.6 per cent, and TAC 1 per cent.

In energy, oil stocks did not rise sharply but PVS, PGB, PGS, and PGS closed higher. PLX rose sharply, by 6.3 per cent, while PGD increased 3.4 per cent, PPC 2 per cent, and PVD 0.2 per cent. GAS closed at its opening price.

In construction and real estate, DXG increased 6.9 per cent, KBS 2.4 per cent, NVL 2.1 per cent, and ROS 0.9 per cent, VRE lost 1.3 per cent and CTD 1.1 per cent.

In bluechips, BVH, FPT, HPG, HSG, MSN, REE, BHN, VIC, and PLX all increased.

Foreign investors net bought by VND622.3 billion ($27.3 million) on HSX and by VND23.15 billion ($1.01 million) on HNX.

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