An investor watches stock movements on a computer screen in Hanoi. (Photo: VNA)Hanoi (VNA) – Shares ended positive in both local markets on June 1 asinvestor confidence was bolstered by positive meetings between Vietnam’s PrimeMinister Nguyen Xuan Phuc and US officials and businesses.
The benchmark VN Index on the HCM Stock Exchange rose 0.54 percent to close at741.80 points, bouncing back from a two-day decline of 1.1 percent.
The HNX Index on the Hanoi Stock Exchange finished up 0.08 percent at 93.99points, narrowing gain made during June 1’s session. The northern market indexhas increased by a total 0.8 percent in the last two days.
Nearly203.7 million shares were traded on both local bourses, worth 4.13 trillion USD(183.7 million USD).
Large-cape stocks performed well with 70 percent of the 30 largest listedcompanies by market capitalization advancing.
Shares of private low-cost carrier Vietjet (VJC) gained 1.7 percent after thefirm reached 4.7 billion USD worth of agreements with American partners onpurchasing more jet engines and getting technical support and other services.
On the opposite site, steel producers suffers from profit-taking after theymade big gains on May 31 on the new protectionist tariff imposed on imported coloredsteel products.
In addition, energy stocks were hit by a sharp drop in oil prices in the Asiatrading. Shares of energy companies closed down between 0.6 percent and 2percent. - VNA
VNA
