VINACHEM

HA NOI – National stocks rallied after Ha Noi and HCM City announced their monthly inflation rates.

Figures inched up 0.19 per cent in the capital and 0.12 per cent in the City. The rates are lower compared to the first two months of the year.

On the HCM City Stock Exchange, the VN-Index rose by 0.1 per cent to 438.52 points while the VN30 increased 0.26 per cent, reaching 498.52 points.

Market value totalled VND566.3 billion (US$27 million), only 61.6 per cent of yesterday's session. The volume of trades fetched 41.4 million shares.

Sacombank (STB) and insurer Bao Viet (BVH) were the only two stocks of the 10 largest by capitalisation to tumble, with Bao Viet continuing to bottom out.

Technology investment firm Sacom (SAM) was the most heavily traded stock in HCM City with around 3.4 million shares changing hands. It retreated 1.8 per cent.

On the Ha Noi Stock Exchange, the HNX-Index added 1.5 per cent to 74.00 points. Gainers outnumbered losers by 139-113.

The value of this morning's trades declined over 30 per cent compared to yesterday's level to VND527.7 billion ($25 million) on a volume of 52.7 million shares.

With more than 6.6 million shares exchanged, Habubank (HBB) returned to be the most active code nationwide. – VNS