Shares stay upbeat after flat US rates

Vietnamese shares remained upbeat for a fourth session on September 22 as investor confidence was bolstered by the decisions of US and Japan’s central banks to keep interest rates flat.
Shares stay upbeat after flat US rates ảnh 1Hanoi's Stock Exchange (Photo:enternews.vn)

Hanoi (VNA) - Vietnamese shares remained upbeat for a fourth session on September 22 as investor confidence was bolstered by the decisions of US and Japan’s central banks to keep interest rates flat. 

The VN Index on the HCM Stock Exchange edged up 0.4 percent to finish at 671.38 points and extended its rally of 3.1 percent for the fourth consecutive day. 

The HNX Index on the smaller Hanoi Stock Exchange grew slightly to end at 83.30 points. The northern exchange index has increased by 1.1 percent over the last four sessions. 

The market continued its upward trend as investor sentiment improved after the central Bank of Japan decided to keep its negative interest rates unchanged on September 21 and the US central bank decided to unchange its interest rate on the same day. 

Of the 30 largest listed firms by capitalisation and liquidity in the sub-index VN30 Index, 21 advanced while nine were negative. 

Among those large-cap stocks, Vietcombank (VCB), insurer Bao Viet Holdings (BVH), consumer goods producer Masan Group (MSN) and property developer Vingroup JSC (VIC) rose between 0.1 percent and 3.7 percent. 

Market trading liquidity was slightly changed from September 21. Nearly 187 million shares were traded worth 3.83 trillion VND.-VNA

VNA

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