Shares rise on good sentiment

13:54 | 01/11/2019
Shares accelerated growth during Friday’s morning session, driven by improved sentiment in both local markets.
shares rise on good sentiment
Shares accelerated growth during Friday’s morning session, driven by improved sentiment in both local markets. - Photo cafef.vn

The VN-Index on the Ho Chi Minh Stock Exchange gained 1.13 per cent to close Friday morning at 1.010,08 points.

Some 110 million shares were traded on the southern bourse, worth VND2.4 trillion (US$102.6 million).

The southern index dropped 0.21 per cent to end Thursday at 998.82 points.

The rise of blue chips like Bao Viet Holdings (BVH), Masan Group (MSN), Refrigeration Electrical Engineering Corporation (REE), Vietjet (VJC), Vietcombank (VCB), Vinhomes (VHM), Vingroup (VIC) and Vincom Retail (VRE) were the main driving force for the market.

Vinhomes JSC (VHM) soared 6.7 per cent to VND95,000 after information that VinHomes plans to buy back to 60 million treasury shares.

On a sector basis, banking, insurance, securities, real estate, healthcare, wholesale, construction, construction material, food and beverage and oil and gas moved up.

On the opposite side, retail, agriculture, seafood production, logistics, rubber production declined.

On the Ha Noi Stock Exchange, the HNX-Index rose 0.1 per cent to end the morning session at 105,29 points.

The northern index lost 0.66 per cent to close Thursday at 105.19 points.

VNA

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