VNStockNews.com - The Ho Chi Minh Stock Exchange index rose 2.75 points, or 0.8 percent, to close at 347.43 points on Wednesday.
Foreigners bought 67.60 billion dong ($3.21 million) worth of shares and sold stocks valued at 35.16 billion dong, the exchange said.
Volume of shares traded: 29.08 million shares.
Value of shares traded: 420.04 billion dong.
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Broker/trader comments
Tran Minh Hoang, analyst, Vietcombank Securities:
"Gains were mainly supported by Bao Viet and Masan Group, while the cash inflow was weak as many closed accounts to prepare for the Lunar New Year."
"Stocks could go sideways ahead and after Tet."
Nguyen Hoang Long, director of investment, An Binh Securities:
"The current rally seems to be unsustainable because both cash inflows and demand are weak."
"However, with gains by major blue chips the VN index could hit 370 points in the near term." ($1=21,025 dong)
