Saturday , September 30 2023

Stock trading scales three-month high

Vietnam’s benchmark VN-Index dropped 0.35 percent to 1,252.07 points Thursday with trading highest since May 13.

The index closed 4.43 points lower after losing 2.35 points Wednesday.

Trading on the Ho Chi Minh Stock Exchange rose by 30.46% to VND18.78 trillion ($802.8 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 17 tickers drop.

NVL of property developer Novaland led with a 2.3% lost.

It was followed by VNM of diary giant Vinamilk, down 1.9%, and HPG of steelmaker Hoa Phat, down 1.7%.

Other losers included VPB of private lender VPBank, down 1.7%, and MBB of MBBank, down 1.5%.

Eleven blue chips gained, with GAS of Petrovietnam Gas closing 1.9% higher.

VIC of the biggest conglomerate Vingroup rose 1.5%, and VRE of its mall operator arm Vincom Retail gained 1.8%.

Foreign investors were net buyers to the tune of VND73.9 billion.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 1.11 percent while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.42 percent.

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