Stocks bounce back to 9-day high

By Dat Nguyen April 24, 2025 | 12:56 am PT

An investor points at stock prices on a screen at a brokerage in Ho Chi Minh City. Photo by VnExpress/An Khuong

Vietnam's benchmark VN-Index rose 1.02% to 1,223.35 points Thursday, highest since April 15.

The index closed 12.35 points higher after gaining 13.87 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 7% to VND17.66 trillion (US$679 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 18 tickers gained.

VIC of private conglomerate Vingroup led with a 7% gain, followed by BVH of insurance company Bao Viet Holdings, up 5.6%.

VHM of property giant Vinhomes rose 4.6% and HDB of HDBank closed 4.4% higher.

Eight blue chips fell. ACB of Asia Commercial Bank dropped 1.8% and TCB of private lender Techcombank closed 1.3% lower.

Foreign investors were net buyers to the tune of VND574 billion, mainly buying HPG of steelmaker Hoa Phat Group and MWG of electronics retail chain Mobile World.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.18%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.40%.