Friday , June 21 2024

VN-Index returns to 8-month peak

Vietnam’s benchmark VN-Index rose 0.61% to 1,125.30 points Thursday, highest since Sep. 30 last year.

The index closed 6.8 points higher after rising more than 12 points in the last two days.

Trading on the Ho Chi Minh Stock Exchange (HoSE) went up 6% to VND18.64 trillion ($792.52 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 19 tickers gain.

STB of Ho Chi Minh City-based lender Sacombank and VHM of property giant Vinhomes both closed 2% higher.

They were followed by VIB of Vietnam International Commercial Bank, up 1.8% and BID of state-owned lender BIDV, up 1.3%.

Eight blue chips fell. BCM of Becamex Investment and Industrial Development lost 1% and GVR of Vietnam Rubber Group closed 0.8% lower.

Foreign investors were net sellers to the tune of VND416 billion, mainly selling VHM and TPB of private TPBank.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list and the UPCoM-Index at the Unlisted Public Companies Market both went up 0.06%.

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