Sunday , September 8 2024

VN-Index breaks 4-session losing streak


Vietnam’s benchmark VN-Index rose 0.11% to 1,281.18 points Tuesday after four consecutive sessions in the red.

The index closed 1.36 points higher after dropping 0.93 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 15% to VND16.41 trillion ($647 million).

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

MBB of lender MB led with a 2.2% rise, followed by BCM of Becamex Investment and Industrial Development, up 1.9%.

HDB of HDBank rose 1.4% and BID of state-owned lender BIDV closed 1.3% higher.

Ten blue chips fell. POW of electricity producer Petrovietnam Power Corporation dropped 2% and PLX of fuel distributor Petrolimex declined by 1.9%.

Foreign investors were net sellers to the tune of VND235 billion, mainly selling FPT of IT giant FPT Corporation and MWG of electronics retail chain Mobile World.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.03%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.34%.

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