Banks, consumer durables stocks lift Vietnam index

Reuters Updated - January 06, 2015 at 12:18 PM.

Vietnam’s benchmark VN Index rose 0.31 per cent at the break on Tuesday, as buying in banking and consumer goods equities reversed the market position after some early offloads.

All banks advanced, led by Vietcombank, the country’s biggest lender by market value, with a 3.76-per cent gain, while Hanoi-based Vietin Bank increased 1.44 percent.

Shares in the consumer goods sector also attracted interest, with food producer Masan Group rising 0.6 per cent and dairy product maker Vinamilk gaining 0.52 per cent.

Published on January 6, 2015 06:47