VN-Index gains nearly 10 points

In response to upward momentum on global stock markets, the Vietnam’s market also had an impressive trading session on January 9 with several blue-chips strongly jumping.

VN-Index gains nearly 10 points

Banking, securities, real estate, oil and gas stocks advanced simultaneously. BID shares of the Vietnam Investment and Development Bank gained 3.12 percent. Vietnam Joint Stock Commercial Bank for Industry and Trade’s CTG stocks rose 2.51 percent. PVS shares of PetroVietnam Technical Services Corporation climbed 2.79 percent.
Meanwhile, after plunging for two consecutive trading sessions, NVL shares of Novaland Group made a U-turn from VND53,700 per share to VND58,800 per share, or 1.9 percent.

Another highlight on the market was that foreign investors returned to net buy VND20 billion after net selling for three straight trading sessions, helping the VN-Index to increase by nearly 10 points at the end of the trading sessions.
The Vietnam’s benchmark surged 9.55 points, or 1.08 percent, to close at 896.99 points with 176 stocks winning, 100 losing and 68 remaining unchanged.

The HNX-Index of the northern bourse closed at 102.13 points, earning 0.87 points, or 0.86 percent. Of the index, 68 stocks moved forward, 54 moved backward and 60 stood still.
Liquidity on the market also improved but remained at low level. Total trading volume on both trading floors reached 199 million shares, worth VND3.7 trillion.
On January 8, the US’s Dow Jones strengthened 1.09 percent, S&P 500 added 0.97 percent and Nasdaq soared 1.08 percent. Asian stock markets on January 9 saw Japan’s Nikkei 225 going up 1.3 percent, Hong Kong’s Hang Seng growing 2.6 percent and China’s Shanghai escalated 1.78 percent.

By Nhung Nguyen – Translated by Thuy Doan

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