The most read Vietnamese newspaper
Edition: International | Vietnamese
© Copyright 1997 VnExpress.net. All rights reserved.
The index closed 0.77 points higher after gaining 6.37 points in the previous session.
Trading on the Ho Chi Minh Stock Exchange increased by 53% to VND21.820 trillion (US$887.9 million).
The VN-30 basket, comprising the 30 largest capped stocks, saw 16 tickers gained.
ACB of Asia Commercial Bank saw the biggest growth of 3.4%, followed by SAB of brewer Sabeco with a 1.6% increase and HPG of steelmaker Hoa Phat Group, up 1.6%.
Eleven blue chips fell. VIC of private conglomerate Vingroup went down 1.4%, VCB of state-owned lender Vietcombank slid 1.0%, and VHM of property giant Vinhomes closed 0.9% lower.
Foreign investors were net seller to the tune of VND312 billion, mainly selling VHM and KDH of real estate firm Khang Dien House.
The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.23%, while the UPCoM-Index for the Unlisted Public Companies Market was unchanged.
Globally, Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest U.S. rate cut, while the yen edged higher as the Bank of Japan held rates steady and stayed upbeat on the economy, Reuters reported.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6% to the highest in two months, tracking overnight gains on Wall Street. The index was headed for a weekly gain of 2.4%. The Nikkei rose 1.5% and was up 3.1% for the week.
