Shares open new week on positive note

Shares opened this week’s trade in the positive zone following last week’s gains with both stock indices rising on the two national stock exchanges.

The VN-Index rises 0.49 per cent to 847.90 points on Monday morning thanks to growth of large-cap stocks. - Photo ndh.vn

The VN-Index on the HCM Stock Exchange increased 0.49 per cent to 847.90 points.

On the Ha Noi stock Exchange, the HNX-Index inched up 0.01 per cent to 104.38 points.

Overall, the market condition was positive, with 242 stocks rallying, 135 falling and 343 remaining unchanged in the two markets.

Large-cap stocks continued to lead the upward trend, when 21 of the top 30 largest shares by market value and liquidity on the main HCM City’s bourse advanced and only six declined.

Vinamilk (VNM), Vietcombank (VCB) and PV Gas (GAS), three of the top 10 biggest stocks, rose over 1 per cent and were the main push behind this morning’s gain.

Liquidity improved, with 111.3 million shares worth a combined VND3.7 trillion (US$163 million) being traded in the two markets.

The afternoon trade session starts at 1pm.