Monday, 06 July 2015 15:55
HANOI: Vietnam benchmark’s VN Index climbed 1.43 percent to close at 625.22 points on Monday, the third straight gain, as most blue chips gained in high volume.
Petrovietnam Gas led the gainers with a 2.36-percent rise, followed by PetroVietnam Drilling & Well Service Corp that jumped 6.42 percent to its four-month high on the firm’s plan to pay a 30-percent dividend for 2014.
Top insurer BaoViet Holdings outperformed the market to gain 6.81 percent, ending at 48,600 dong ($ 2.23) each, the highest since March 19, 2014.
The shares jumped after comments by Vietnam’s finance ministry in New York that the foreign ownership ceiling in insurance companies would be fully lifted, analysts said.
As many as 179.75 million shares changed hands, up 9.24 percent from last Friday.
