The Saigon Times
HCMC – The rising demand for large-cap and speculative stocks sent the VN-Index of the Hochiminh Stock Exchange up at 93514 points today, November 3.
At the close, the main index gained 019%, or 173 points, from the session earlier, with 266 stocks rising and 157 others declining. Trade volume totaled over 318.7 million shares worth VND6.3 trillion, up 7% in volume and 18% in value, against the previous session. There were over 15.8 million shares valued at VND454 billion traded in block deals.
The VN30 basket saw 18 stocks gaining and 11 others ending in the red, with property developer VIC dipping by 2%.
Among the large-cap stocks, lenders STB, BID and MBB closed the day up 1.1%-1.4%, while insurer BVH, tech giant FPT and financial service provider TCH made strong gains.
Lender TCB finished the session up 2.8% and became the most actively traded stock on the southern bourse with some 28 million shares changing hands, followed by speculative stock HSG with a matching volume of over 20.5 million shares.
Some other speculative stocks, including real estate company PDR and apparel firm KMR, hit their ceiling prices, with PDR seeing over 3.1 million shares change hands.
With 77 gainers and 45 losers, the HNX-Index of the Hanoi Stock Exchange advanced 1.7 points, or 125%, from the session earlier, at 13858 supported by some bank stocks.
Closing the day up 2%, lender ACB took the lead on the northern bourse by liquidity with over 7.7 million shares transacted.
Bank stock SHB, construction firm VCG, and oil and gas enterprise PVS contributed to the gain of the index.
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