Stocks tick higher on first session of New Lunar Year

20:25 | 06/02/2017 Finance Follow english.haiquanonline.com.vn on

Shares on the Ho Chi Minh City Stock Exchange are expected to rise this week as positive portfolio investor sentiment becomes bearish at the start of the New Lunar Year of the Rooster.

stocks tick higher on first session of new lunar year

Banking stocks are expected to take the lead after Secretary of the HCM City Party Committee Dinh La Thang struck the gong on the morning of February 6 to open the first trading session for the new year.

The benchmark Vietnam Index on the HCM Stock Exchange on the last trading day of last year fell 0.4% to 700.35 points, after rallying 3% in the previous five sessions to reach a 9-year high of 703.18 points.

Source: VOV

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