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Vietcombank s head office in Ha Noi. The bank shares jumped 3 per cent on Wednesday. VNA/VNS Photo
Vietnam stocks rebound, focus on banking firms
Thu, 10 December 2020
Vietnamese shares advanced on December 9 as the large-cap sector kept rising on positive market sentiment.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) gained nearly one per cent to 1,039.13 points. The index inched down 0.07 per cent on December 8.
The main driver of the market – the large-cap sector – continued increasing as the market sentiment remained upbeat. The large-cap tracker VN30-Index was up 1.05 per cent to 1,004.03 points.
The VN30 futures due on December 17 rose 1.51 per cent to 1,008.00 points. The positive movement of the VN30 futures indicates investors are still optimistic about the market’s short-term prospects, according to Saigon-Hanoi Securities (SHS).