Stock market stages impressive recovery on January 7
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose by 8.74 points to reach 889.64 points on January 7, the first transaction day of the week.
Hanoi (VNA) – The benchmark VN-Index onthe Ho Chi Minh Stock Exchange (HoSE) rose by 8.74 points to reach 889.64points on January 7, the first transaction day of the week.
More than 127.54 million shares worth some 2.6 trillion VND (111.8 million USD)were traded on the day, with 195 advancing, 54 unchanged, and 95 decliningcodes.
Meanwhile, the HNX-Index on the Hanoi Stock Exchange (HNX) increased 1.08points to reach 101.93 points, with 54.6 million shares valued at over 1.05trillion VND (45.15 million USD). There were 78 codes rising, 53 remaining flat,and 56 sliding.
In the VN30 basket – which measures the performance of the 30 largest stocks bymarket capitalisation on the HoSE – up to 24 codes witnessed price hikes, whileonly three codes dropped.
Stocks like VNM, MSN, HSG, FPT, MWG, PNJ, REE, FPT, and VRE experienced thehighest increases, ranging from 1.3-4.8 percent. Price hikes were also seen inmost petroleum, bank, and securities shares.
Foreign investors bought 610.073 shares,valued at 10.17 billion VND (437,310 USD) on the HNX, and sold a net 1.9million shares worth 44.51 billion VND (1.9 million USD) on the HoSE. –VNA
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Illustrative photo (Source: VNA) 
