Tuesday , February 27 2024

VN-Index rises to year’s new peak

Vietnam’s benchmark VN-Index rose 0.40% to 1173.13 points Monday.

The index closed 4.73 points higher after gaining 2.98 points on Friday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 10.85% to VND18.61 trillion ($787.21 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 15 tickers gain.

VHM of property giant Vinhomes rose 4.6%, followed by PDR of Phat Dat Real Estate Development, up 3.2%.

VIC of private conglomerate Vingroup went up 2.9% and VPB of private lender VPBank closed 2.8% higher.

STB of Ho Chi Minh City-based lender Sacombank fell 3.4%, followed by MWG of electronics retail chain Mobile World with a 1.6% increase.

Foreign investors were net buyers to the tune of VND511.19 billion, mainly buying VHM and SSI of leading brokerage SSI Securities Corporation.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.33% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.41%.

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