Active trading by foreigners on the HCM City market allowed the VN-Index to rally 0.21 per cent on October 14 before closing at 458.66. Trading volume on the HCM City market stayed low at 23.2 million shares, down 3.7 per cent from Wednesday, for a meagre value of VND597.06 billion (US$30.6 million).
About 84 of the 267 listed stocks on the market advanced, including Phu My Fertilisers (DPM), up 0.6 per cent; Bao Viet Holdings (BVH), 1 per cent; and the Corporation for Financing and Promoting Technology (FPT), 0.5 per cent.
Foreign investors focused their purchase on these stocks. Foreigners purchased 144,350 BVH shares, 221,380 DPM shares and 188,120 REE shares from the Corporation for Refrigeration Engineering and Electricals.
Securities analysts said that such trends were suitable for medium and long-term investment.
The number of stocks matching their highest prices fell to 6 from 9 on Wednesday.
The Ha Noi Stock Exchange's HNX-Index rallied by 0.05 per cent to close at 120.45 points, while declining stocks outnumbered advancers by 123 to 122.
Volume remained poor with 19.5 million shares changing hands, worth a total of VND421.6 billion ($21.6 million).
Banking and securities stocks kept rising at the day's end, including Asia Commercial Bank (ACB), 0.1 per cent; Sai Gon-Ha Noi Bank (SHB), 0.1 per cent; Bao Viet Securities (BVS), 0.1 per cent; and APEC Securities, 0.2 per cent.