Monday , January 30 2023

VN-Index closes 7th session in green

Vietnam’s benchmark VN-Index rose 0.89% to 1108.08 points Thursday in its seventh gaining session.

The index closed 9.8 points higher after gaining 9.99 points on Wednesday. It is now at the highest since September 30.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 14.58% to VND11.73 trillion ($500 million).

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

VCB of state-owned lender Vietcombank led with a 3.3% rise, followed by SSI of leading brokerage SSI Securities Corporation, up 3.2%.

BVH of insurance company Bao Viet Holdings gained 3.1%, and MSN of conglomerate Masan Group rose 2.1%.

Seven blue chips fell, with HPG of steelmaker Hoa Phat Group losing 2.5%.

Foreign investors were net buyers to the tune of VND795.84 billion, mainly buying SSI and VIC of private conglomerate Vingroup.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.98% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.60%.

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