Trading on all of Vietnam’s stock exchanges will halt Wednesday for the National Day holiday and resume the day after.The Ho Chi Minh Stock Exchange (HoSE), Vietnam’s main bourse on which the VN-Index is based, saw 276 tickers gain and 129 lose. Total trading volume fell slightly over the previous session to VND6 trillion ($260.03 million), staying higher than last month’s VND5 trillion average.Over half the trading volume involved stocks outside the VN30, a basket of the market’s 30 largest capped tickers, a trend observed for around three weeks now. The VN30-Index for the blue chip stocks rose 0.98 percent, with 24 gainers and four losers.Analysts observed that stocks in the aviation sector have seen a strong resurgence this session, with HVN of national carrier Vietnam Airlines climbing 3.11 percent, VJC of budget carrier Vietjet, 2.43 percent, FLC of real estate developer FLC Group, which owns Bamboo Airways, hitting its ceiling price with a 7 percent surge, and ACV of airports operator Airports Corporation of Vietnam gaining 1.04 percent.The aviation industry is among the industries hit hardest by the Covid-19 pandemic, with Vietnam having to ban international flights, with few exceptions, since late March.National carrier Vietnam Airlines, in particular, had… Read full this story
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