Stock market stages impressive recovery on January 7

More than 127.54 million shares worth some 2.6 trillion VND (111.8 million USD) were traded on the day, with 195 advancing, 54 unchanged, and 95 declining codes.

Meanwhile, the HNX-Index on the Hanoi Stock Exchange (HNX) increased 1.08 points to reach 101.93 points, with 54.6 million shares valued at over 1.05 trillion VND (45.15 million USD). There were 78 codes rising, 53 remaining flat, and 56 sliding.

In the VN30 basket – which measures the performance of the 30 largest stocks by market capitalisation on the HoSE – up to 24 codes witnessed price hikes, while only three codes dropped.

Stocks like VNM, MSN, HSG, FPT, MWG, PNJ, REE, FPT, and VRE experienced the highest increases, ranging from 1.3-4.8 percent. Price hikes were also seen in most petroleum, bank, and securities shares.

Foreign investors bought 610.073  shares, valued at 10.17 billion VND (437,310 USD) on the HNX, and sold a net 1.9 million shares worth 44.51 billion VND (1.9 million USD) on the HoSE.