Vietnam Shares Index Rose on Extending Speculation of Rising Trend
On February 22, Vietnam’s benchmark VN-Index was higher during four month as investors buy shares on speculation that the rising trend would be extended.
The gauge stocks of 302 companies and five mutual funds listed on the Ho Chi Minh City Stock Exchange advanced 1.83 per cent, or 7.5 points, and closed at 418.41 points as the highest level since November 1, 2011.
192 stocks was advanced, 63 declined, while 52 stocks still unchanged.
Trading on the city bourse slip at 7 per cent in volume, and 6 per cent in the previous trading session due about 55 million shares changed hands with the amount worth VND740 billion.
Military Commercial Joint Stock Bank (MBB),one of the most active share in volume with 3.63 million stakes changing hands. And the runner-up was Vietnam Commercial Joint Stock Export Import Bank or Eximbank (EIB) with 2.48 million shares were sold.
Saigon Beverages Joint Stock Company (TRI) gained for three consecutive trading sessions, rising .26 per cent to close at VND2,000.
Meca Vneco Investment & Electricity Construction Joint Stock Company (VES) slumped 5.26 per cent to finish at VND1,800.
Long Giang Investment & Urban Development Joint Stock Company (LGL) declined 4.84 per cent and closed at VND5,900.
the UPCoM-Index of unlisted shares tumbled 0.9 per cent, or 0.31 points, to 34.7 points at 11.30 am local time. The total of 5,380,900 shares were traded at VND265.46 billion.






