The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) extended its rally on June 5 for the fourth consecutive trading day with shares of utility and seafood companies attracting big investment.
VN-Index extends rally on fourth consecutive day. (Photo: VNA)
Hanoi (VNA) – The benchmark VN-Index on the HoChi Minh Stock Exchange (HOSE) extended its rally on June 5 for the fourthconsecutive trading day with shares of utility and seafood companies attractingbig investment.
The VN-Index was sluggish at the beginning of the day butstrong demand returned on a large scale to pull the VN-Index up and maintainits upturn throughout the day.
Of the large-cap stocks, PetroVietnam (GAS) was traded atthe ceiling price of 98,700 VND (4.34 USD) per share. Shares of SABECO (SAB),Vinamilk (VNM), VinGroup (VIC), and VietinBank (CTG) were also strongly boughtand closed in the green.
Meanwhile, shares of Techcombank (TCB) and Vietcombank(VCB) slid 6.35 percent and 1.18 percent to settle at 96,000 VND (4.22 USD) and58,600 VND (2.58 USD) per share, respectively, due to strong selling.
At the end of the day, the VN-Index gained 8.96 points to1,022.74 points. The HNX-Index on the Hanoi Stock Exchange (HNX) andUpCoM-Index fell 0.14 points and 0.03 points to 118.18 points and 53.6 points,respectively.-VNA
The gloomy mood weighed on the stock markets on May 25, the last transaction day of the week, with total transaction value reaching 5.44 trillion VND (239.3 million USD).
Shares declined in the afternoon session as strong selling pressure forced the benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) to fall below the 950-point mark to close at 948.5 points on May 30.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) rose for the third day, gaining a total of 65.28 points after three transactions to settle at 1,013.78 points on June 4.
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