Friday was the last trading day before an 11-day break for Tet (Lunar New Year).
The exchange will resume trading on February 12.
This week the benchmark climbed 11 percent, its first weekly advance since the week ending December 21.
Among 148 listed stocks, 126 gained.
Tan Tao Investment Industry Corp., an industrial park operator, increased VND4,000, or 3.3 percent, to VND124,000, its highest since October 3, after the company released its 2007 profit report.
The company said last year’s profit more than doubled as Vietnam’s strong economic growth increased demand for factory space.
Shares of Vincom Joint-Stock Co., Vietnam’s largest property developer by capitalization, rose VND5,000, or 4.9 percent, to VND108,000, on speculation rising real estate prices will boost earnings.
“The local real-estate market is drawing investors as it has been rising so quickly recently,” said HCMC-based Hoang Thach Lan, chief analyst in SME Securities Co. PetroVietnam Fertilizer and Chemicals, one of the largest companies on the index, was the most liquid stock Friday as around 1.2 million shares, worth VND79.7 billion (US$5 million), changed hands.
The country’s leading fertilizer maker rose VND1,000, or 1.78 percent, to close at VND68,500.
Industrial Construction Joint-Stock Co., known as Descon, rallied VND2,500, or 4.7 percent, to VND56,000, extending its advance this week to 17 percent.
In a statement on the stock exchange’s website Friday, Descon said it had been named by Hon Hai Precision Industry Co. as the main contractor for projects worth $5 billion.
The construction services provider and real-estate developer, based in HCMC, gained 17 percent this week, its third weekly advance.
The Song Da Industrial Zone and Urban Development and Investment JSC remained unchanged at VND250,000.
The firm, known as Sudico, generated a turnover of VND379.4 billion ($23.8 million) in the fourth quarter last year, an increase of 25.6 per cent over the same period in 2006, Vietnam News Agency reported.
The company posted net revenue of VND769.3 billion ($48.4 million) for the year, doubling 2006 figures, with its net profit per share reaching more than VND8,600.
Foreign investors were back in a buying mood, pumping VND1.4 billion ($87,691) into shares of PetroVietnam Fertilizer and Chemicals, Pha Lai Thermal Power, Saigon Securities Incorporation, Viet Han Group and Tan Tao Industrial Zone.
The index’s three mutual funds were among Friday’s winners.
Manulife added VND400, or 4.26 percent, to close at VND9,800, Prudential gained VND100, or 0.91 percent, to end the session at VND11,100, and VF1 rose VND1,200, hitting the 5 percent upper limit, to finish the day at VND26,300.
Hanoi’s HaSTC-Index Friday canceled Thursday’s fall, gaining 4.07 points, or 1.38 percent, to close at 298.2.
Among 127 listed stocks, there were 97 winners and 27 losers.
Around six million shares were traded for VND451 billion ($28.2 million).
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