A strong performance by blue chips helped buoy up the VN-Index on Dec. 22, allowing it to finish up by 0.92 percent to a close of 465.24 points.
Trading volume on the HCM Stock Exchange improved significantly to 46.26 million shares, an increase of 35.4 percent over the previous session. The value of trades totalled over 1.8 trillion VND (98.9 million USD), an increase of 44 percent.
Sacombank (STB) reclaimed its position as the most active share on the southern market, with over 4.3 million changing hands.
Meanwhile, on the Hanoi Stock Exchange, the HNX-Index fell by 0.55 percent to 149.51 points, ending three consecutive days of gains.
Trading volume, however, rose to over 24.5 million shares. The value of the day’s trades reached 683 billion VND (36.9 million USD), a whopping 67.9 percent higher than previous value.
Kim Long Securities (KLS) was the most heavily-traded share with nearly 6.5 million changing hands.
The market could fluctuate in the next sessions as investors were pushed to realise profits before the end of the year, said Bao Viet Securities Company analyst Nguyen Duc Thi.
“Though market liquidity has improved slightly, it still remains at an average level,” Thi added. “Apart from the announcement of business results by listed companies, the market lacks any strong supporting information.”
Foreign investors continued to be net buyers on both the HCM City and Hanoi markets on strengthened volume.