HANOI, Oct. 16 (Xinhua) -- Vietnam's capital Hanoi stock market extended the upward trend during the week thanks to investors' positive sentiment.
Compared to the final session on last Friday, the HNX-Index, the benchmark of the Hanoi Stock Exchange, gained 0.43 points or 0.53 percent.
During the week, the index witnessed four ups and one down, ranging between 80.62 points to 81.18 points.
In comparison, in the previous week, the HNX-Index fluctuated between 78.82 points and 80.75 points.
This week, on Friday, the HNX-Index closed at 81.18 points, up 0.03 points, or 0.04 percent, against the previous trading session.
A total of over 49.853 million shares worth some 538.110 billion Vietnamese dong (24.68 million U.S. dollars) were traded, a decrease of 1.23 percent in volume and an increase of 6.73 percent in value against the previous trading session.
Prices of 110 stocks went up; 83 stocks fell down, while 67 stocks remained unchanged.
According to analysts, there is no sign of a new selling trend on the market so far. However, investors are still warned to stay cautious.
According to statistics of the State Securities Commission, so far some 18,000 trading codes have been licensed for foreign investors to trade in Vietnamese stock markets.
Though the total trading code of foreign investors account for only one percent of the total number, their overall portfolio value makes up some 25 percent of the total trading value on Vietnamese stock markets.
The portfolio value of foreign investors posted an average growth of 20-25 percent annually, said the commission.
The conclusion of the Trans-Pacific Partnership recently is expected to serve as a positive factor to boost foreign investment into the Vietnamese market, according to stock analysts.
Compared to the last trading session in 2014, as of Friday, the HNX-Index has decreased by 1.8 points, or 2.17 percent.
