Shares on Vietnam's stock market bounced back to 500 points mark during the week, though still witnessed sluggish.
became more confident when the VN-Index surpassed the important
psychological landmark. However, many analysts fear that this was the
result of blue chip increases that may not last because investors will
soon sell for higher prices to lock in profits.
reasons for the rally remained vague but the continued rise of blue
chips encouraged investors to take part in the equity market,Clawfoot tub faucets Vietnam news agency reported.carbon sheet
equity market seems to be one of a few potential markets for investors
for the time being, as interest rates are lower, the real estate market
remains stagnant and gold trading is restricted.
VN-Index of the southern Ho Chi Minh Stock Exchange (HoSE) went up 5.23
points or 1.05 percent to close at 502.58 points on Friday.tyre equipments
the week, VN-Index gained 11.54 point or 2.35 percent against last
Friday's closing session. The index experienced three ups and two downs,
posting the highest level of 509.43 points on Tuesday and the lowest
level of 497.35 points on Thursday.
Last week VN-Index ranged from 489.46 points to 493.57 points.
A total of 48.carbon prepreg746
million shares worth 822.479 billion VND (39. 44 million U.S. dollars)
changed hands at the HoSE on Friday, a decrease of 7.04 percent in
volume and 21.55 percent in value against Thursday.
index, the new benchmark index for the HoSE which has been applied
since Feb. 6, 2012 and tracks the 30 leading shares by both market
capitalization and liquidity, closed at 570.2 points on Friday, up 5.81
points, or 1.03 percent against the previous trading day. A total of
18.233 million shares were traded, worth 492.Used loaders7 billion VND.
the country's northern bourse, Hanoi Stock Exchange, the HNX-Index
concluded at 61 points, up 0.47 points, or 0.78 percent on Friday
against the previous trading day's closing session.