Stocks on the Ho Chi Minh Stock Exchange advanced for second straight day on June 11, as a rally of US stock markets and positive information from China and Japan inspired investors.
Vietnam’s benchmark VN-Index rose as much as 3.78 points, or 0.76 percent, to close at 504.29. More than 44.6 million shares changed hands at VND1.3 trillion.
There were 134 stocks that gained, 51 declined, while 55 remained unchanged.
Ocean Group Joint Stock Company topped the list of most active share by volume with 2.61 million changing hands.
Refrigeration Electrical Engineering Corporation (REE) followed with more than 2.2 million shares traded.
Saigon Securities Inc. (SSI), the country’s largest brokerage, came third with 1.29 million, up 0.56 percent.
DIC Investment and Trading Joint Stock Company (DIC) and Idico Urban and House Development Joint Stock Company (UIC) led the winners on the city bourse, gaining 4.96 percent to VND29,600 and VND42,300 respectively.
Truong Thanh Furniture Corporation (TTF) climbed 4.94 percent to VND25,500.
Petroleum Pipeline & Tank Construction Joint Stock Company (PXT) and Viet - Han Corporation (VHG) surged by 4.93 percent to VND23,400 and VND29,800 respectively.
The Hanoi’s HNX-Index surpassed 160 points a few minutes after the opening bell but failed to maintain its achievement throughout the trading session. The northern market finished at 158.23 points, gaining 1.17 points, or 0.74 percent.
Trading volume was at 29.6 million shares worth VND929.62 billion.
The UPCoM-Index of unlisted stocks also rose, adding 0.46 points to 45.08. A total of 224,337 shares were traded at VND3.46 billion.
Globally, the Dow Jones Industrial Average Index climbed 2.76 percent, or 273.38 points, to 10,172.53. The S&P 500 Index jumped 2.95 percent, or 31.15 points, to 1,086.84.
France’s CAC 40 index rose 2.03 percent. FTSE 100 index added 0.92 percent.
Japan’s Nikkei 225 index gained 1.7 percent. China’s Shanghai Composite index surged 0.35 percent. Korea’s Kospi advanced 1.43 percent.