Thursday , March 28 2024

VN-Index climbs to 3-month high


Vietnam’s benchmark VN-Index rose 0.92% to 1098.28 points Wednesday, highest since October 5 last year.

The index closed 9.99 points higher after gaining 21.61 points on Tuesday. It has ended in the green six sessions in a row.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 12.89 percent to VND10.24 trillion ($436.86 million).

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

MWG of electronics retail chain Mobile World gained 4.4%, followed by KDH of real estate firm Khang Dien House with a 3.7% rise.

VIC of private conglomerate Vingroup went up 2.7%, and TPB of private TPBank rose 2.6%.

VRE of retail real estate arm Vincom Retail and BVH of insurance company Bao Viet Holdings were the only two blue chips that fell 1.8% and 0.4%, respectively.

Foreign investors were net buyers to the tune of VND692.09 billion, mainly buying SSI of leading brokerage SSI Securities Corporation and VND of brokerage VNDirect.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 1.20% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.78%.

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