Wednesday , June 7 2023

VN-Index continues to rise

Vietnam’s benchmark VN-Index rose 0.79% to 1040.54 points Wednesday.

The index closed 8.11 points higher after gaining 9.33 points on Tuesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 3.89% to VND8.65 trillion ($367.77 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 17 tickers gain.

VHM of property giant Vinhomes surged 5%, followed by VPB of private lender VPBank with a 3.2% rise.

VCB of state-owned lender Vietcombank went up 2.9% and PDR of Phat Dat Real Estate Development gained 2.6%.

Nine blue chips closed in the red, led by MWG of electronics retail chain Mobile World with a 1.4% drop.

HPG of steelmaker Hoa Phat Group and SSI of leading brokerage SSI Securities Corporation both fell 0.7%.

Foreign investors were net buyers to the tune of VND173.44 billion, mainly buying VHM and DCM of Petro Vietnam Ca Mau Fertilizer.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.42% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.30%.

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