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A reboundBlue chips lead modest rebound driven by many blue chips during the end of September 13’s session buoyed the VN-Index.

On the HCM Stock Exchange, the VN-Index surpassed 391 points, up 0.78 percent from the previous day’s close.

Trading also improved as more than 37 million shares, worth more than 703.9 billion VND (33.5 million USD), changed hands, up 80 percent in value over the previous session. However, half of total value was traded through negotiations, led by whopping trades of shares in the two property developers Hoang Anh Gia Lai (HAG) and VinGroup (VIC).

More than 4 million HAG shares worth 100 billion VND (4.8 million USD) and 2.5 million VIC shares worth 171 billion VND (8.1 million USD) were traded during the afternoon.

Seven of the top 30 shares by market capitalisation and liquidity climbed, pushing the VN30 Index up 0.47 percent to 456.11 points. Among gainers, insurer Bao Viet Holdings (BVH), HAG and financial group Ocean Group (OGC) all hit the ceiling price.

Foreign investors were net buyers on both bourses, picking up combined shares worth more than 32 billion VND (1.5 million USD).

Tan Tao Investment Industry (ITA) was still the most active share on the southern bourse with 2.2 million shares changing hands. ITA fell for a fourth straight day, closing 2 percent off at just 5,000 VND a share.

The HNX-Index on the Ha Noi Stock Exchange also rebounded by the end of the day, ending up 1.2 percent at 58.11 points on a total value of almost 180 billion VND (8.6 million USD).

Advancers outnumbered decliners by 142-63.

PetroVietnam Construction (PVX) was again the most active stock with total trades of 4 million shares, closing flat at 5,200 VND a share.

Source: VNA

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