HO CHI MINH CITY
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negras baratas , Feb. 27 (Xinhua) -- VN-Index, the main index of Ho
Chi Minh (HCM) City bourse in southern Vietnam, climbed on bank shares gains,
reaching above 595-point level this week after a nine-day stop of trading for
lunar New Year 2015 holidays.
The market reopened trading with positive signs when the index increased
nearly 10 points in the first trading day on Tuesday, thanks to gains of bank
stocks and large-cap stocks. They played a key role in attracting the cash
flows, as well as creating a breakthrough for the market throughout the week.
In addition, securities
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grises baratas , real estate, gas and oil, construction and
production sectors were also traded positively, helping to lift the index.
However, liquidity remained low, and money flowing into the market was
limited.
The VN-Index closed at 592.57 points on Friday, down 4.15 points
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blancas baratas , or 0.7 percent, from the previous trading day's
close. However, from the previous week's close on Feb. 13 ahead of the Lunar New
Year holidays, the index won 5.33 points, or 0.9 percent.
During the week, the index experienced two ups and two downs, posting the
highest level of 596.95 points on Tuesday
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españa , and the lowest level of 592.57 points on Friday. In
comparison, it ranged between 573.55 points and 587.24 points the previous week
(from Feb. 9 to 13).
About 78.310 million shares worth 1.366 trillion VND (63.70 million U.S.
dollars) changed hands on the HCM City Stock Exchange (HoSE) on Friday, a
decrease of 14.84 percent in volume and 6.06 percent in value as against
Thursday.
Upward trend may still be available when the market receives positive
information about the country's economic and business results listed by stock
companies in the coming time, according to the Vietnam Investment Securities
Company.
In addition, stock experts from the Saigon Securities Company predicted that
in 2015, the stock market will be more transparent, and the index is expected to
reach 700-point level.
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