HANOI, Aug. 25 (Xinhua) -- Vietnam's Hanoi stock market rebounded this week, mainly because of investors' optimism on investment.
The HNX-Index, the benchmark of the Hanoi Stock Exchange, closed at 102.64 points on Friday, up 0.35 points, or 0.34 percent, against the previous trading session.
Comparing to last Friday's closure, the index increased 1.81 points, or 1.8 percent.
During the week, the index went four ups and one down, reaching the highest level of 102.64 points on Friday and the lowest level of 100.87 pointson Tuesday.
Comparing to the previous trading week, the benchmark ranged between 100.49 points and 101.74 points.
Over 52.763 million shares worth some 535.616 billion Vietnamese dong (some 23.9 million U.S. dollars) were traded at the Hanoi Stock Exchange on Friday, an increase of 8.4 percent in volume, but a decrease of 7.6 percent in value against the previous trading session.
More than 217.187 million shares worth over 2.486 trillion Vietnamese dong (around 110.7 million U.S. dollars) were traded on the bourse this week.
Foreign traders continued to be net buyers this week. On Friday, they bought more than 1 million shares and sold over 558 thousand shares.
The northern bourse made its rebound after sluggish trades from previous week when the index witnessed four ups in five trading days this week.
Investors' confidence played a key role on lifting the bourse up, said local stock analysts. They poured most money into industries that had supportive information among which finance and construction tickers caught greatest attentions.
Large-cap stocks including Asia Commercial Bank (ACB), National Citizen Commercial Bank (NVB), and Petro Vietnam Construction (PVX) posted solid gains, positively contributing to the uptrend of the bourse.
However, many traders kept cautious as waiting for more positive information in the next trading stage, said insiders.
