VN-Index breaks 3-session losing streak

The index closed 6.66 points higher after dropping 22.83 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 1% to VND17.864 trillion (US$704 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 18 tickers gain and 12 fall.

GVR of the Vietnam Rubber Group saw the biggest growth of 6.9%, followed by POW of electricity producer Petrovietnam Power Corporation with a 2.7% increase and SSB of lender SeABank, up 2.3%.

Nine blue chips fell. SSI of brokerage SSI Securities went down 2.8%, BVH of insurance company Bao Viet Holding saw a 2.4% decline, and MWG of electronics retail chain Mobile World closed 1.8% lower.

Foreign investors were net buyers to the tune of VND252 billion, mainly buying VNM of dairy giant Vinamilk and HPG of steelmaker Hoa Phat Group.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.67%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.13%.