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Vietnam Business » Vietnam Stock Market News » Stocks make impressive U-turn

Stocks make impressive U-turn

Shares of 261 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange shot up 1.15 percent, or 5.13 points, to finish at 450.96 points. Trading volume slumped by half over the previous day as around 33.2 million shares changed hands at VND839.8 billion.

Vietnams benchmark VN-Index swam upstream by the end of trading session on October 5 to reverse previous loss.

Of the index, 132 stocks advanced, 72 retreated, while 63 remained unchanged.

Ocean Group Joint Stock Company (OGC) continued to take the position of most active share in volume with 1.6 million shares.

Saigon Thuong Tin Commercial Bank or Sacombank (STB) ranked second with 1.44 million shares changing hands.

Saigon Securities Inc. (SSI) came next with 1.06 million shares traded.

Hoa Binh Construction & Real Estate Corporation (HBC) sprang the daily maximum allowed limit of 5 percent to VND42,000.

AgriBank Securities Joint Stock Coporation (AGR) and Vien Dong Pharmaceutical Joint Stock Company (DVD) both closed up 4.95 percent to VND10,600, and VND95,500 respectively.

The newly listed Tay Bac Minerals Investment Joint Stock Company (KTB) declined for a second day, losing 5 percent to VND36,100.

Ha Tien Transport Joint Stock Company (HTV) dropped 4.96 percent to trade at VND36,400.

Camau Trading Joint Stock Company (CMV) went down 4.93 percent to VND27,000.

The northern bourse successfully prevented the HNX-Index from dropping for the fifth consecutive session as the index unexpectedly gained 1.1 points, or 0.91 percent, to 122.02 points. Trading volume fell by 30 percent over yesterday. Around 31.3 million shares worth VND720 billion changed hands.

The UPCoM-Index inched up 0.09 points to 45.24. Around VND4.4 billion were spent on 0.29 million shares as of 11:20 am local time.

Vietnam Business And Financial News Network. Source [en.vietstock.vn]

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