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Shares bounce back on bargain hunting

日期:2024-04-04 21:13:36 来源:未知 浏览量: 字号:[ ] 视力保护色:

Shares bounce back on bargain hunting

Shares bounce back on bargain hunting

A production line of brewery company Sabeco (SAB) in HCM City's Củ Chi District. Photo sabeco.com.vn

HÀ NỘI - Vietnamese shares on Friday reclaimed ground lost in the previous day's sharp sell-off as large-caps were picked up by bargain-hunters.

The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) rose  一. 一 五 per cent to close at  一, 二 四 八. 七 八 points.

Shares bounce back on bargain hunting

The index had lost  三. 四 六 per cent in the last two trading sessions.

The market's breadth was positive with  二 八 一 gainers and  一 七 六 losers.

On HoSE, investors poured over VNĐ 一 三. 八 trillion (US$ 五 八 六 million) into the market, equivalent to a trading volume of more than  五 八 六 million shares.

Shares bounce back on bargain hunting

The VN 三0-Index, tracking the  三0 biggest stocks on HoSE, gained 0.0 八 per cent, to close at  一, 二 七 五. 六 四 points.

Of the VN 三0 basket,  二 一 stocks rose to cushion the market, while four declined and the other five closed flat.

The rally continued on the Vietnamese stock market as purchasing power increased in the afternoon session to offset market-wide selling pressure in the previous session.

The uptrend of the indices continued to be consolidated as the buying demand was seen in a series of large stocks. In the VN- 三0 basket, the best performers were Masan Group (MSN), Vincom Retail (VRE), Hoà Phát Group (HPG), Vinhomes (VHM), Tiên Phong Bank (TPB), Sabeco (SAB), SSI Securities Inc (SSI), Mobile World Group (MWG), PetroVietnam Gas JSC (GAS) and Bank for Investment and Development of Vietnam (BID).

A series of stocks in industry groups such as banking, securities, steel, oil and gas increased strongly, helping the VN-Index end the session at the highest level in the entire trading time.

The financial banking group outperformed and supported the gains of the market with notable gainers including Vietinbank (CTG), Techcombank (TCB), Tiên Phong Bank (TPB), VPBank (VPB), Vietcombank (VCB), Sacombank (STB), Eximbank (EIB) and Bank for Investment and Development of Vietnam (BID).

Military Bank (MBB) was the only loser in the banking group.

The steel industry experienced a positive trading day with notable industry-representative stocks such as Hoà Phát Group (HPG), Hoa Sen Group (HSG) and Nam Kim Group (NKG) all climbing from  三 per cent to over  五 per cent.

Notable gainers in the securities group included SSI Securities Inc (SSI), VNDirect Securities Co (VND), Việt Capital Inc (VCI) and Saigon-Hanoi Securities Co (SHS).

On the Hà Nội Stock Exchange (HNX), the HNX-Index gained 0. 八 八 per cent, to close Friday at  二 八 四. 六 三 points.

It had declined 0. 六 七 per cent, to close Thursday at  二 八 二. 一 五 points. — VNS