VN-Index goes sideways

The index closed 0.07 points higher after gaining 26.36 points on Thursday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 20.02% to VND13.70 trillion ($552.25 million).

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

GVR of Vietnam Rubber Group went up 6.6%, followed by HPG of steelmaker Hoa Phat Group with a 6% rise.

SSI of leading brokerage SSI Securities Corporation gained 2.8%, and KDH of real estate firm Khang Dien House went up 2.6%.

Other gainers included BVH of insurance company Bao Viet Holdings, up 1.9%, and VIC of biggest private conglomerate Vingroup, up 1.5%.

Thirteen blue chips fell. PDR of Phat Dat Real Estate Development and NVL of real estate developer Novaland Group once again hit floor price with a near 7% decline.

Foreign investors were net sellers to the tune of VND34.98 billion, mainly selling DGC of Duc Giang Chemicals Group and VND of brokerage VNDirect.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 1.60% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.92%.