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VN-Index surpasses historic 1,500-point milestone

By Dat Nguyen   November 25, 2021 | 01:27 am PT
VN-Index surpasses historic 1,500-point milestone
An investor looks at stock prices on a smartphone at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam’s benchmark VN-Index rose 0.8 percent to surpass the historic 1,500-point mark for the first time, continuing its rising trend from earlier this year.

The index stayed in the green throughout the day and closed nearly 12 points higher in its third session in the green. It has gained nearly 36 percent this year.

Trading value on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, fell 11 percent to VND31.8 trillion ($1.4 billion).

The VN30 basket, comprising the 30 largest capped stocks, saw 17 tickers in the green, led by PDR of Phat Dat Real Estate Development with a 4.2 percent gain.

The ticker is now at the highest in nearly three weeks.

SSI of leading brokerage SSI Securities Corporation rose 3.4 percent in its fourth gaining session, reaching a new peak.

The ticker has gained nearly 250 percent since the beginning of the year.

NVL of real estate developer Novaland Group returned to the top blue chip gainers with a 2.4 percent increase to a three-week high.

VCB of state-owned lender Vietcombank rose 2.2 percent. It was the top contributor to VN-Index’s gain this session, pushing it up by 2.2 points.

FPT of IT giant FPT Corporation climbed to a new peak with a 2.1 percent gain in its third session in the green.

Eleven blue chip tickers fell, with HDB of HDBank losing 3 percent, and SAB of brewer Sabeco falling 1.8 percent.

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