Tuesday , February 7 2023

Stock trading jumps 42%


Vietnam’s benchmark VN-Index rose 0.36% to 1060.17 points Friday, with stock trading surging 42% from Thursday.

The index closed 3.78 points higher after gaining 0.63 points on Thursday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 42.28% to VND12.39 trillion ($528.52 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 15 tickers dropped.

VPB of private lender VPBank rose 3.7%, followed by SAB of brewer Sabeco with a 3.4% increase.

MSN of conglomerate Masan Group gained 1.8%, and STB of Ho Chi Minh City-based lender Sacombank went up 1.4%.

Fifteen blue chips fell, with PDR of Phat Dat Real Estate Development losing 4.4%.

Foreign investors turned net sellers after weeks of buying to the tune of VND3 trillion, mainly selling EIB of private lender Eximbank and DCM of Petro Vietnam Ca Mau Fertilizer.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 0.32% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.14%.

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