Investors at the MBS exchange floor in Hanoi. (Photo: VNA)
Hanoi (VNA) – Shares rebounded on March 3 on the two exchanges afterdeclining for three days, with new cash flows flooding the market.
The benchmark VN-Index on the HCM Stock Exchange recouped 0.72 percent to closeat 712.62 points, narrowing its weekly loss to just 0.3 percent.
On the Hanoi Stock Exchange, the HNX-Index inched up 0.1 percent to end at86.65 points. The northern market index gained marginally compared to lastweek’s close.
Large-cap stocks were boosted by new investments as 18 of the top 30 largestshares by market value and liquidity on the main bourse in HCM City advanced.
Banks and insurers were among the biggest gainers. Meanwhile, property andconstruction stocks were still among the most heavily traded but they saw mixedperformances.
Liquidity remained high with 220.5 million shares worth over 3.7 trillion VND(162.3 million USD) being traded in the two markets.
Foreign investors concluded March 3’s trade as net buyers on HCM City’s exchangefor a net value of 153 billion VND, up 23 percent over the previous session.Their buys focused on budget airline Vietjet with a net buy value of more than141 billion VND.
Foreign investors were also net buyers in the Hanoi market but the value wasmodest at just 8.3 billion VND.-VNA
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Shares rose on February 27 on the two exchanges despite expert forecasts of a slight correction in early sessions this week as investors remained positive over market outlook.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
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According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Investors at the MBS exchange floor in Hanoi. (Photo: VNA) 
