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Uptrend of bluechips helps main index rebound
Tuesday,  4/27/2021, 18:27 

Uptrend of bluechips helps main index rebound

The Saigon Times

An electronic board displays stock information. The VN-Index of the Hochiminh Stock Exchange closed up today, April 27 – PHOTO: TNO

HCMC – Many bluechips performed positively on the Hochiminh Stock Exchange, helping the VN-Index reverse course and close up 3.98 points, or 0.33%, at 1,219.75 today, April 27.

With 190 stocks rising and 211 others declining, the southern bourse saw trade volume and value drop by 17% and 20% at over 6.18 million shares and VND15.5 trillion, respectively, from the session earlier. There were 73.5 million shares worth VND2.4 trillion traded in block deals.

As many as 14 stocks in the VN30 basket gained steam, with property firm NVL and consumer goods firm MSN stealing the limelight. The two stocks made a strong rise at the close and reported a matching volume of over two million shares each.

Other bluechips such as steelmaker HPG, financial service provider TCH, jewelry firm PNJ and housing developer VHM were among key contributors to the rise of the southern bourse.

Lender STB ended the day up 2.4% and was the most actively traded stock on the southern market with over 47.5 million shares changing hands.

Some speculative stocks plunged to their floor prices, including real estate corporation HQC and construction firm ROS.

The northern bourse continued its gloomy trade as the HNX-Index lost 0.12 points, or 0.04%, from the day earlier, at 280.56.

Many securities companies such as SHS, MBS and BVS were in negative territory, while lenders SHB and NVB were good performers.

Trading and food service firm KLF dipped by 8.2% at the close, but led the northern bourse by liquidity with a matching volume of 18.1 million shares.

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