VN-Index rises to new peak this year

The index closed 10.95 points higher after gaining 11.85 points on Friday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 11.58% to VND18.41 trillion ($778.19 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 23 tickers gain.

PDR of Phat Dat Real Estate Development gained 6.9%, followed by BID of state-owned lender BIDV with a 6% increase.

MWG of electronics retail chain Mobile World closed 4.9% higher and SSI of leading brokerage SSI Securities Corporation went up 4%.

Four blue chips fell.

VCB of state-owned lender Vietcombank lost 2.2% and SAB of brewer Sabeco went down 0.5%.

Foreign investors were net sellers to the tune of VND350.26 billion, mainly selling KDC of food producer KIDO Group and PVD of PetroVietnam Drilling & Well Services Corporation.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 1.13% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.67%.