Sunday , October 2 2022

VN-Index closes 4th session in the green

Vietnam’s benchmark VN-Index rose 0.05 percent to 1,275.28 points Wednesday, its fourth straight session in the green.

The index closed 0.59 points higher after gaining 0.49 points on Tuesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 18.26% to VND17.67 trillion ($755.01 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 13 tickers gained.

PDR of Phat Dat Real Estate Development surged 6.8 percent to the highest in over three months.

MSN of conglomerate Masan Group rose 2.1 percent to a seven-week high.

VIC of biggest private conglomerate Vingroup contributed the most to VN-Index’s gain this session with a 2.1 percent rise.

Other gainers included MBB of lender MB and NVL of real estate developer Novaland Group.

Fourteen blue chips fell, with MWG of electronics retail chain Mobile World dropping 1.5 percent.

PLX of fuel distributor Petrolimex lost 1.4 percent and BID of state-owned lender BIDV fell 1.2 percent.

Foreign investors ended a chain of five net buying session with a net sale of VND47 billion, mainly selling KBC of industrial real estate developer Kinh Bac City and VHM of real estate giant Vinhomes.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 0.14 percent while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.25 percent.

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