Blue chips bolster markets

[kieudiemvje]

On Feb. 25, Stocks rose again on both of Viet Nam's markets, despite a slight decline in market liquidity. The VN-Index in HCM (http://finance.vietstock.vn/StockDetail.aspx?scode=HCM&q=HCM&language=en) City ended the session at 466.96 points, a gain of 1.23 per cent

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Gainers outnumbered losers by 189-89.
Blue chips performed solidly, with nine of the 10 largest capitalised stocks gaining ground.
Masan Group (MSN (http://finance.vietstock.vn/StockDetail.aspx?scode=MSN&q=MSN&language=en)) was up 4.6 per cent, software producer FPT (http://finance.vietstock.vn/StockDetail.aspx?scode=FPT&q=FPT&language=en) Corporation (FPT (http://finance.vietstock.vn/StockDetail.aspx?scode=FPT&q=FPT&language=en)), up 4.7 per cent, PetroVietnam Finance (PVF (http://finance.vietstock.vn/StockDetail.aspx?scode=PVF&q=PVF&language=en)), up 4.7 per cent, Phu My Fertiliser (DPM (http://finance.vietstock.vn/StockDetail.aspx?scode=DPM&q=DPM&language=en)), up 2.5 per cent, and property trader Hoang Anh Gia Lai (HAG (http://finance.vietstock.vn/StockDetail.aspx?scode=HAG&q=HAG&language=en)), up 0.4 per cent.
Only insurer Bao Viet Holdings (BVH (http://finance.vietstock.vn/StockDetail.aspx?scode=BVH&q=BVH&language=en)) posted a loss among blue chips, with a 3.8 per cent slide.
Banking stocks returned positive, with an average gain of 2.7 per cent.
Trading volume hit 28.6 million shares with a turnover of VND654.6 billion (US$30.2 million).
In Ha Noi, the HNX-Index gained 1.8 per cent to close at 97.36 points on Feb. 25.
Volume was 19.5 per cent lower than on Thursday at 28 million shares, worth VND441.7 billion ($20.4 million).