The Saigon Times
HCMC - The strong cash flow and the rise of many bluechips helped the benchmark VN-Index of the Hochiminh Stock Exchange achieve the third straight winning session today, November 19, adding 9.73 points, or 1%, to close at 983.26 points.
Winning stocks outnumbered losers by 254 to 176. The southern market saw half a billion shares worth more than VND10.7 trillion change hands, increasing by 4% in volume and 7% in value against the session earlier.
Among the bluechips, sugar producer SBT was the biggest gainer, soaring by 6.5% to VND17,250, followed by brewery SAB, up 5.5% to VND193,700 and petroleum stock PLX, up 4.8% to VND50,700.
Other major gainers were lenders VCB and VPB, petroleum stock GAS, tech firm FPT and insurer BVH, increasing by 3%, 2.4%, 2.6%, 2% and 2.9%, respectively.
Steelmaker HPG, mobile phone retailer MWG, power corporation POW, lender CTG and retailer VRE inched up between 1 and 1.7%.
In the group of speculative stocks, AAA, DPG, CVT, ELC, SKG, HCD and HAP shot up to the ceiling prices.
Other small and medium stocks that gained ground included ITA, HBC, PVD, NKG, GVR, HHS and LDG, while FLC, HSG, DXG, ASM and ROS declined.
HPG was the most actively traded stock on the southern market, with nearly 26.5 million shares changing hands, followed by property developer FLC with 20.2 million shares.
On the Hanoi Stock Exchange, the HNX-Index added a fractional 0.04%, or 0.06 point against the previous session, to close the day at 146.85 points, with 72 winning stocks and 59 losing ones. There were 56.67 million shares worth VND926.75 billion traded on the northern bourse.
Main contributors were stone processor VCS, which soared by 4.9% to VND79,200, investment and industrial development firm IDC, up 4.1% to VND28,000 and gas trading company PGS, up 2.4% to VND17,100.
Petroleum stock PVS led the northern market by liquidity with 9.67 million shares traded, followed by lender ACB with 6.4 million shares and property firm HUT with more than 6 million shares.
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