Wednesday , July 24 2024

Stocks near 4-week high

Vietnam’s benchmark VN-Index rose 0.79% to 1,293.71 points Tuesday, highest since June 13.

The index closed 10.15 points higher after gaining 0.52 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 10% to VND21.82 trillion ($858 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 25 tickers gained.

GVR of Vietnam Rubber Group led with a 4.1% rise, followed by HDB of HDBank, up 3.5%.

BCM of Becamex Investment and Industrial Development closed 3.3% higher and BVH of insurance company Bao Viet Holdings went up 2.6%.

Five blue chips fell. FPT of IT giant FPT Corporation dropped 1.5% and PLX of fuel distributor Petrolimex closed with a 1.1% loss.

Foreign investors were net sellers to the tune of VND461 billion, mainly selling `FPT and MSN of conglomerate Masan Group.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 1.03%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.68%.

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