VN-Index inches closer to four-month peak

The index closed 6.53 points higher after dropping 0.59 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 21% to VND13.197 trillion ($537.34 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 20 tickers gained and 10 fell.

VHM of property giant Vinhomes led with a 3.1% rise, followed by MWG of electronics retail chain Mobile World, up 2.1%.

BID of state-owned lender BIDV gained 1.4% and CTG of state-owned lender VietinBank closed 1.1% higher.

Five blue chips fell, including GVR of Vietnam Rubber Group with a 0.5% drop.

Foreign investors were net buyers to the tune of VND59 billion, mainly buying MWG and VHM.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.19%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.23%.