Employees at a securities broker monitor stock prices on computer screens. With winners outnumbering losers by 334 to 106, the VN-Index surged by 24.66 points at 1,216.1 at the close today, April 1 – PHOTO: VNA
HCMC – Positive investor sentiment and strong cash flow into bluechips and securities stocks helped the VN-Index of the Hochiminh Stock Exchange jump higher today, April 1, with the index surpassing the record level on April 9, 2018.
With winners outnumbering losers by 334 to 106, the main index surged by 24.66 points, or 2.07%, from the session earlier, at 1,216.1 at the close. Trade volume totaled over 672.8 million shares worth VND16.9 trillion, inching down 4% in volume, but rising by 16% in value, against the previous session. Block deals contributed over VND1.6 trillion to the total value.
Among the securities stocks, SSI shot up to its ceiling price and reported a matching volume of 21.8 million shares, while stocks of other securities firms such as AGR, APG, HCM, BSI and FTS were in positive territory and soared by 4.1%-6.4%.
Many bluechips, including financial service provider TCH, property firm VIC, lender MBB and steelmaker HPG, made strong gains and became key drivers on the southern bourse.
Other good performers were low-cost air carrier VJC, lender VCB, sugar producer SBT, petroleum group PLX and insurer BVH as they expanded by 2.2%-2.8% at the close.
Property developer FLC was the most actively traded stock on the southern market with over 33.3 million shares changing hands, but finished the day down 5.5%.
Buoyed by the good performance of many largecaps and securities stocks, the HNX-Index of the Hanoi Stock Exchange continued its upward spiral and ended the day up 2% at 292.4 points.
Lender SHB took the lead on the northern bourse by liquidity with some 30 million shares traded and jumped by 5.1% at the close.
The highlight of the northern exchange was securities stocks’ strong gain, with SHS, ART, MBS and WSS hitting their ceiling prices.
Other key supporters of the northern market were petroleum stock PVS, property firm CEO and asset management corporation TVC.
