An plane of Vietnam Airways (HVN). HVN rose 3 per cent on Monday. — VNA/VNS Picture
HÀ NỘI — Shares had a great begin on Monday, pushed by the sturdy progress of blue chips within the banking and aviation inventory teams.
On the Hồ Chí Minh Inventory Change, the VN-Index gained 0.66 per cent to shut Monday at 1,293.92 factors.
The southern bourse’s index expanded 3.6 per cent final week.
Market breadth was optimistic with 289 gainers and 145 losers, whereas 65 shares ended flat.
Liquidity stayed low with greater than 587.2 million shares traded on the southern bourse, value VNĐ16.5 trillion (US$711.8 million).
The VN30-Index, monitoring the 30 greatest shares on HoSE, rose 0.54 per cent to finish at 1,342.87 factors. Out of 30 shares within the VN30 basket, 18 posted beneficial properties whereas eight decreased.
Amongst blue chips, huge gainers included tech big FPT Corp (FPT), Cell World Funding (MWG), PV Gasoline (GAS), Vinhomes (VHM), Asia Business Financial institution (ACB), Vinamilk (VNM), Vietcombank (VCB) and Techcombank (TCB), with progress of between 1-5 per cent every. There have been additionally the highest 10 shares lifting the VN-index most.
Banking shares led the market rally with gainers together with Vietcombank (VCB), Financial institution for Funding and Improvement of Vietnam (BID), Techcombank (TCB), VietinBank (CTG), Navy Financial institution (MBB), Vietnam Worldwide Business JS Financial institution (VIB) and Saigon-Hanoi Business JS Financial institution (SHB).
Aviation-related shares on Monday stood out as confidence was lifted due to the restoration of worldwide flights and tourism re-opening.
Vietnam Airways (HVN) and Vietjet (VJC) soared 3 per cent and 4 per cent, respectively.
“VN-Index opened with a optimistic hole in direction of the resistance space of 1,290 earlier than the promoting power pushed the index again to 1,280 zone,” mentioned BIDV Securities Co.
“Nevertheless, consumers then dominated and introduced the index again to shut at 1,290, gaining eight factors.
“Concerning the transaction of international traders, immediately they purchased greater than VNĐ1 trillion on the HoSE. Within the coming periods, the market will in all probability commerce within the 1,285-1,290 zone,” the corporate mentioned.
International traders internet purchased VNĐ1.67 trillion on HOSE, together with FUEVFVND with VNĐ1.1 trillion, FPT Company (FPT) with VNĐ362.66 billion, Sacombank (STB) with VNĐ45.04 billion. They have been internet sellers on HNX with a worth of VNĐ575.73 million.
On the Hà Nội Inventory Change, the HNX-Index elevated 0.51 per cent to finish the day with 312.77 factors.
The index had risen 1.35 per cent final week.
Liquidity additionally stayed at a comparatively low degree with 81.4 million shares value practically VNĐ1.8 trillion being traded on the northern market. — VNS