Hanoi (VNA) – The benchmark VN-Index ofthe Ho Chi Minh Stock Exchange (HOSE) recovered on May 23 with a rise of 3.03points to close at 988.94 points.
The VN-Index fluctuated around 975 points in the morning thanks to a huge supply inthe market from the beginning.
In the afternoon, demand climbed and some groups of shares were bought byinvestors at sharply increased prices. Specifically, the group of rubber sharessaw their price hike of 6.41 percent, the group of utilities shares 5.9percent, and the securities, insurance, banking, construction material and retailgroups 2-3 percent.
Among the major shares, GAS increased to the ceiling and closed at 113,300 VNDper share while VNM, VCB, CTG and BID posted prices higher than the referenceones.
On the northern bourse, the HNX-Index rose 1.39 points to 118.11 points whilethe UpCOM-Index was up 0.34 points to 54.7 points.
Total transaction value in the whole market approximated 7.27 trillion VND(320.5 million USD).-VNA