Saturday , April 27 2024

VN-Index posts biggest gain in 4 weeks


Vietnam’s benchmark VN-Index rose 0.91% to 1,049.12 points Friday.

The index closed 9.49 points higher after losing 1.17 points on Thursday. This was its biggest increase since April 3.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 18.34% to VND10.28 trillion ($438 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 23 tickers gain.

VHM of property giant Vinhomes rose 4.2%, followed by TPB of private TPBank with a 3.3% rise.

VIC of private conglomerate Vingroup went up 3.2% and PDR of Phat Dat Real Estate Development closed 2.9% higher.

Six blue chips fell, including TCB of the largest private lender Techcombank with a 1.3% drop.

Foreign investors were net buyers to the tune of VND166.65 billion, mainly buying STB of Ho Chi Minh City-based lender Sacombank and DGW of electronics retailer DigitalWorld.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.79% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.45%.

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