Market breadth was positive with 158 stocks advancing and 132 others losing. The index of the HCMC bourse closed up 4.62 points, or 0.48%, at 962.9. The HCMC market saw some 154 million shares worth VND3.8 trillion transacted, up 4.66% in volume and 16.1% in value against the session earlier.
Block deals contributed to the VN-Index’s gain, with VND1.07 trillion of 36.1 million shares changing hands.
Two brewery firms SAB and BHN performed well, adding 2% and 1%, respectively, and becoming two of the key contributors to the VN-Index rally.
The SAB price had surged 17.8% for six consecutive weeks, making it the strongest blue chip in the VN30 basket since the beginning of May.
Shares in the Vingroup (VIC) family underperformed today. Property developer VIC and retailer VRE rose slightly at the close while housing developer VHM fell 0.24% at VND82,000 per share.
As for bank stocks, VCB advanced 1.7% at VND66,700 per share and BID returned to its reference level while TCB dipped by 0.46%.
The HCMC exchange saw construction firm ROS ending the day up 3.3% to an intraday high of VND31,000 per share. ROS was the most actively traded stock on the bourse with 8.8 million shares changing hands.
Among oil and gas stocks, GAS added a mere 0.5%, ending at VND103,500 per share, while PLX and PVD closed at their reference prices. In addition, some large-cap stocks such as leading consumer stocks VNM and MSN improved slightly.
Meanwhile, strong selling heavily affected the Hanoi stock market, sending the HNX-Index down 0.2% at 103.99 points. Trading volume and value on the northern bourse tumbled 28.4% and 21.8% against the session earlier at 16.3 million shares worth VND211 billion.
Most of the top 10 stocks by market capitalization edged down, becoming the key drags of the HNX-Index.
Oil and gas firm PVS, construction firm VCG and industrial firm VCS inched up 0.44%, 0.38% and 0.32%, respectively, while real estate firm L14 maintained its boost from the morning phase, closing up 3.23%.
Despite its slight rise, petroleum technical service firm PVS led the northern market by liquidity with 2.74 million shares transacted, followed by realty firm TIG with 974,000 shares traded.