Vietnam index rises 0.9 pct, banks lead
Friday, April 29,2016AsemconnectVietnam - Vietnam's benchmark VN Index. VNI rose 0.92 percent at the break on Friday, snapping a two-day losing streak, thanks to the gains in banking shares and insurance stocks.
Two-thirds of listed lenders rallied, led by BIDV BID.HM, the country's biggest partly private bank by assets, with a 4.24 percent jump. Top insurer BaoViet Holdings BVH.HM climbed 5.17 percent on foreign buying.
The market was quiet ahead of a national public holiday, analysts said. Vietnam's stock and currency markets will be closed on May 2-3 and resume on Wednesday, May 4.
Here is a snapshot of the VN Index at midday (0431 GMT).
VN Index |
597.14 |
|
PREV. CLOSE |
591.67 |
|
% CHANGE |
+0.92% |
|
HIGH |
597.21 |
|
LOW |
591.20 |
|
Change (%) 1-mnth |
2.770 |
|
Change (%) 3-mnth |
9.676 |
|
Change (%) 1-year |
5.205 |
|
52-week high |
641.06 |
15-Jul-15 |
52-week low |
511.13 |
25-Aug-15 |
Source: Reuters.com
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