At the close, the benchmark VN-Index added 5.99 points to 958.54, with positive market breadth of 162 gainers and 128 losers. Trade on the southern exchange totaled over 232 million shares worth VND4.5 trillion, surging 77% and 56.3%, respectively, against the session earlier.
Market turnover got a boost from block deals, with 107.35 million shares changing hands at a total value of more than VND1.9 trillion. HNG, a subsidiary of Hoang Anh Gia Lai Company (HAG), saw over 69 million shares worth VND972 billion transacted, and lender TCB had more than seven million shares worth VND173 billion traded.
Dairy firm VNM closed the session up 2.9% at the highest level of the day, VND133,900 per share, on matching volume of more than 974,000 shares. Due to strong demand for the stock shortly before the end of the session, it positively contributed to the rise of the southern index.
Closing the day, property firm VIC rose slightly by 0.18% at VND112,900 per share, with 439,200 shares changing hands, while its subsidiaries VRE and VHM further gained ground with the rises of 1.8% at VND36,000 per share and 1.2% at VND85,000 per shares, respectively.
Besides this, other large-cap stocks saw positive signs at the end of the session. Insurer BVH soared 3.8% at VND76,100 and national flag carrier HVN improved 2.6% at VND40,100. Notably, construction firm ROS suddenly shot up to the ceiling price of VND32,000. The stock led the southern bourse by liquidity with 9.9 million shares changing hands.
Among bank stocks, some moved flat and lender STB and its fellow EIB closed the day down, while lender HDB went up 1.47% and had the biggest matching volume of 3.37 million shares.
Meanwhile, in the oil and gas sector, GAS dipped 1.2% at VND106,600 per share and PLX lost 0.8% at VND60,800.
The southern index failed to conquer the level of 960 points as animal feed firm MSN and steelmaker HPG suffered the reversal, tumbling 1% and 2.4%, respectively, while lenders VCB and TCB and brewery SAB only rose slightly.
The HNX-Index of the Hanoi Stock Exchange ended the session in the overwhelming red due to no positive contribution from blue chips and heavy sell-off.
The index fell 0.24 points, or 0.23% from the session earlier at 105.61. There were 26.35 million shares worth VND323 billion transacted at the end of the day, up over 11% in volume and value against Friday’s session.
In the VN30 basket, the rise of securities firm SHS, construction firm VC3, industrial firm VCS and electricity firm TV2 saved the northern stock from a deep plunge.
Lender SHB ended at its reference price of VND7,400, taking the lead for liquidity with 5.5 million shares changing hands, followed by oil and gas firm PVS with 3.38 million shares transacted.