Sunday , September 8 2024

Stocks close week in green


Vietnam’s benchmark VN-Index rose 0.72% to 1,242.11 points Friday.

The index closed 8.92 points higher after dropping 5.28 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 1% to VND11.853 trillion (US$468.4 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 22 tickers gained.

POW of electricity producer Petrovietnam Power Corporation went up 5.0%, BCM of Becamex Investment and Industrial Development grew 4.9%, and MSN of conglomerate Masan Group closed 4.2% higher.

Three blue chips fell. VRE of retail real estate arm Vincom Retail saw a 2.0% decrease, VHM of property giant Vinhomes dropped 0.13% , and VJC of budget airline Vietjet was down 0.09%.

Foreign investors were net buyers to the tune of VND380 billion, mainly buying KDC of food producer KIDO Group and FPT of IT giant FPT Corporation.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.60%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.69%.

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