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Vietnam's Hanoi stock market regained ground this week after falling in the previous week thanks to foreign investors' buying.
This week, the benchmark index of the local bourse, HNX-Index, surpassed the 80-point mark which the index failed to reach since the end of April.
On Friday, foreign investors bought over 1.63 million shares worth 36.54 billion Vietnamese dong (1.73 million U.S. dollars), an increase of 154 percent in volume and 213.9 percent in value over the previous trading session.
Meanwhile, they sold over 166,500 shares, up 68.89 percent, worth 1.82 billion Vietnamese dong (86,300 U.S. dollars), up 71.7 percent.
The HNX-Index closed the week at 81.14 points on Friday, an increase of 2.52 points, or 3.2 percent, over the previous week's close. Compared to Thursday, it went up by 0.3 points, or 0.37 percent.
During the week, the HNX-Index experienced four ups and one down, posting the highest level of 81.14 points on Friday and the lowest level of 79.49 points on Monday.
Last week, the HNX-Index fluctuated within a range between 78. 61 points and 79.36 points.
A total of 43.98 million shares worth 577.25 billion Vietnamese dong (26.40 million U.S. dollars) were traded on the Hanoi Stock Exchange on Friday, an increase of 7.03 percent in volume and 2.99 percent in value as against Thursday.
Prices of 80 stocks went up, 95 stocks fell, while 80 stocks remained unchanged.
HNXFF-Index, the new benchmark to replace the HNX-Index from December 2014, closed at 81.42 points on Friday, up 0.32 points or 0.39 percent.
As of July 18, 2014, the HNX-Index increased 13.3 points, or 19. 6 percent, compared to the last trading session in 2013.
Analysts said in the short term, the HNX-Index is expected to fluctuate between 79.5 and 81 points amid low liquidity due to the lack of strong market mood.