Wednesday , December 25 2024

VN-Index breaks losing streak with slight gain


Vietnam’s benchmark VN-Index rose 0.40% to 1,096.30 points Tuesday after four sessions closing in the red.

The index closed 4.42 points higher after dropping 10.42 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 13% to VND12.81 trillion ($525.61 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 20 tickers gained.

HDB of HDBank rose 3%, followed by MWG of electronics retail chain Mobile World, up 2.7%.

HPG of steelmaker Hoa Phat Group went up 2.3% and TCB of the largest private lender Techcombank closed 1.8% higher.

Six blue chips fell. MSN of conglomerate Masan Group dropped 1.1% and VHM of property giant Vinhomes closed 1% lower.

Foreign investors were net sellers to the tune of VND453 billion, mainly selling EIB of private lender Eximbank and VNM of dairy giant Vinamilk.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.68%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.25%.

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