Investors at ACB Securities Co. (Photo: VNA)Hanoi (VNA) – Share increased strongly on the HCM Stock Exchange onOctober 17 as investor confidence rose for companies that were expected torelease good quarterly earnings reports.
The benchmark VN Index increased by 1.08 percent to close at 828.29 points. Itwas down 0.19 percent on October 16.
More than 177.2 million shares were traded on the southern bourse, worth 3.91trillion VND (rough 174 million USD).
The figures were up 4.8 percent in trading volume but down 3.6 percent intrading value compared to the previous session.
Foreign investors returned as net sellers, posting a net sell value of 24.8billion VND in comparison to their net buy value of 221 billion VND made onOctober 16.
The market breadth was positive with 146 gaining stocks against 128 decliningone and 49 stocks ending flat.
Large-cap stocks performed well with 19 of the top 30 listed companies bymarket capitalisation and trading liquidity in the VN30 Index advancing.
On the Hanoi Stock Exchange, the HNX Index grew 0.50 percent to end at 109.84points, extending its gains for a third session and posting total growth of 1.3percent.
More than 127.6 million shares were traded on the northern bourse, worth 3trillion VND. The figures soared nearly 173 percent in volume and 465 percentin value, compared to October 16.
The sharp increase in the northern market’s liquidity was attributed to foreigntrading for shares of the Asia Commercial Bank (ACB). More than 74.6 millionshares of the bank were traded by foreign investors, worth 2.44 trillion VND.-VNA
The benchmark VN Index increased by 1.08 percent to close at 828.29 points. Itwas down 0.19 percent on October 16.
More than 177.2 million shares were traded on the southern bourse, worth 3.91trillion VND (rough 174 million USD).
The figures were up 4.8 percent in trading volume but down 3.6 percent intrading value compared to the previous session.
Foreign investors returned as net sellers, posting a net sell value of 24.8billion VND in comparison to their net buy value of 221 billion VND made onOctober 16.
The market breadth was positive with 146 gaining stocks against 128 decliningone and 49 stocks ending flat.
Large-cap stocks performed well with 19 of the top 30 listed companies bymarket capitalisation and trading liquidity in the VN30 Index advancing.
On the Hanoi Stock Exchange, the HNX Index grew 0.50 percent to end at 109.84points, extending its gains for a third session and posting total growth of 1.3percent.
More than 127.6 million shares were traded on the northern bourse, worth 3trillion VND. The figures soared nearly 173 percent in volume and 465 percentin value, compared to October 16.
The sharp increase in the northern market’s liquidity was attributed to foreigntrading for shares of the Asia Commercial Bank (ACB). More than 74.6 millionshares of the bank were traded by foreign investors, worth 2.44 trillion VND.-VNA
VNA
