An investor studies stock movements at Tan Viet Securities Company (Photo: VNA)
Hanoi, (VNA) - Sharesadvanced for a second session in the two local markets on April 28, the final daybefore the four-day national holiday. The benchmark VN Index on the HCMStock Exchange edged up 0.17 percent to close at 717.73 points. The key stockindex gained total 1.4 percent in the last three sessions. The smaller HNX Index on the HanoiStock Exchange added 0.25 percent to finish at 89.54 points. The northernmarket index made up a three-day rally of 1.9 percent. The day’s gains also helped the twolocal indices end the week from April 24-28 higher than the previous week. TheVN Index was up 0.7 percent after one week and the HNX Index rose 0.8 percent. More than 243.8 million shares worth4.98 trillion VND (221.2 million USD) were traded on both local bourses. Shares in eleven of the 20 sectorsin the stock market increased, including banks, food and beverage producers,construction firms and property developers. Worst performing industries on April28 included energy producers, securities companies and rubber producers. The current market conditionssuggested that the VN Index would not increase strongly in the coming sessionsand the benchmark would face a strong test when it approaches the level of 720points, Sai Gon-Hanoi Securities (SHS) said. The stock market will be off on May1 and 2 for the national holiday. Trading will resume on May 3.-VNA
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An investor studies stock movements at Tan Viet Securities Company (Photo: VNA)
