Sunday , May 28 2023

VN-Index back in green

Vietnam’s benchmark VN-Index rose 0.22 percent to 1080.86 points Wednesday, after a sudden dip on Tuesday following 10 straight sessions in the green.

The index closed 2.41 points higher after losing 0.83 points on Tuesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 5.28% to VND12.87 trillion.

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

The biggest winners are HDB of HCMC Development Bank, VHM of property giant Vinhomes, and HPG of renown steelmaker Hoa Phat, enjoying an increase of 2.87%, 2.35%, and 1.90% respectively.

On the other hand, Sacombank’s STB, conglomerate Vingroup’s VIC, and BID of BIDV bank saw the biggest drop. STB dipped 2.42%, while VIC and BID decreased 2.29% and 1.09% correspondingly.

Foreign investors were net buyers to the tune of VND225.39 billion, mainly buying HPG and VHM stocks.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.88% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.19%.

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