Shares gain on oil and banking stocksVietnamese shares posted a strong comeback on February 12 after a two-day collapse, due to strong investor interest in large-cap stocks that led the market upturn on expectations of good earnings reports. Market trading conditions turned positive on February 12, with 469 gaining stocks against 155 decliners, while 297 other stocks remained unchanged. Large-cap stocks also had a good trading day as 26 of the 30 largest shares by market capitalisation advanced in the VN30 Index. Foreign investors were net sellers with 450.67 billion VND on HOSE, focusing on HPG (228.03 billion VND), VRE (103.00 billion VND), and VNM (60.44 billion VND). In addition, they sold a net of 9.44 billion VND on the HNX.
Source: VietNamNet News February 13, 2018 03:00 UTC