Wednesday , June 7 2023

VN-Index gains on 3rd straight day

Vietnam’s benchmark VN-Index rose 0.44% to 1,045.1 points Thursday, its third consecutive day in the green.

The index closed 4.56 points higher after gaining 8.11 points on Wednesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 9.93% to VND7.79 trillion ($331.49 million).

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

PLX of fuel distributor Petrolimex led with a 3.3% rise, followed by SSI of leading brokerage SSI Securities Corporation, up 2.5%.

VCB of state-owned lender Vietcombank went up 1.9% and ACB of Asia Commercial Bank rose 1.4%.

Eight blue chips fell.

MSN of conglomerate Masan Group lost 1.9% and VRE of retail real estate arm Vincom Retail fell 1.3%.

Foreign investors were net buyers to the tune of VND336.36 billion, mainly buying VHM of property giant Vinhomes and HPG of steelmaker Hoa Phat Group.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 0.31% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.36%.

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