Shares managed to grow nationwide on January 15, with the rally led by speculative stocks.
Notablewere trading volumes from KLF Investment (KLF) – 23.4 million shares;property developer FLC Group (FLC) – 9.9 million; and HAI Agrochem (HAI)– 6.9 million. Also, Fecon Mining (FCM) hit its ceiling price, whileKLF jumped 9 percent.
Oil and gas stocks rebounded the most with acomposite rate of 4.2 percent, while insurance companies jointlydeclined 1.6 percent – the deepest fall among sectors.
"Thedomestic stock market has gradually become balanced after erraticfluctuations," said Bao Viet Securities Co's Tran Hai Yen. The risk ofrapid slumps has now been reduced, she said. She also said she expectsthat consumption will improve, signalling the recovery of the economy –hence the optimistic sentiment for the stock market.
On the Hochiminh Stock Exchange, the VN-Index rallied 0.13 percent to 577.74 points.
TheVN30 Index, which tracks the city's 30 largest stocks in terms ofcapitalisation and liquidity, also recovered, adding 0.13 percent togrow to 617.62 points.
Transaction value on the bourse hit over 2 trillion VND (93.9 million USD), with nearly 120.1 million shares.
On the Hanoi Stock Exchange, the HNX-Index climbed quickly at 1.2 percent to finish at 85.88 points.
The HNX30 Index, representing the performance of the bourse's top 30 blue chips, increased 1.78 percent to 167.96 points.
Thetrading value reached 967 billion VND (45.4 million USD), and 67.56million shares changed hands. Foreign investors again changed statuses,concluding as net sellers with a margin of 17.43 billion VND (818,300USD).-VNA
Notablewere trading volumes from KLF Investment (KLF) – 23.4 million shares;property developer FLC Group (FLC) – 9.9 million; and HAI Agrochem (HAI)– 6.9 million. Also, Fecon Mining (FCM) hit its ceiling price, whileKLF jumped 9 percent.
Oil and gas stocks rebounded the most with acomposite rate of 4.2 percent, while insurance companies jointlydeclined 1.6 percent – the deepest fall among sectors.
"Thedomestic stock market has gradually become balanced after erraticfluctuations," said Bao Viet Securities Co's Tran Hai Yen. The risk ofrapid slumps has now been reduced, she said. She also said she expectsthat consumption will improve, signalling the recovery of the economy –hence the optimistic sentiment for the stock market.
On the Hochiminh Stock Exchange, the VN-Index rallied 0.13 percent to 577.74 points.
TheVN30 Index, which tracks the city's 30 largest stocks in terms ofcapitalisation and liquidity, also recovered, adding 0.13 percent togrow to 617.62 points.
Transaction value on the bourse hit over 2 trillion VND (93.9 million USD), with nearly 120.1 million shares.
On the Hanoi Stock Exchange, the HNX-Index climbed quickly at 1.2 percent to finish at 85.88 points.
The HNX30 Index, representing the performance of the bourse's top 30 blue chips, increased 1.78 percent to 167.96 points.
Thetrading value reached 967 billion VND (45.4 million USD), and 67.56million shares changed hands. Foreign investors again changed statuses,concluding as net sellers with a margin of 17.43 billion VND (818,300USD).-VNA
