Stocks break 3-session losing chain

By Dat Nguyen   March 21, 2023 | 03:17 am PT
Stocks break 3-session losing chain
An investor looks at stock prices on the screens at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam’s benchmark VN-Index rose 0.91% to 1032.43 points Tuesday after losing three trading days in a row.

The index closed 9.33 points higher after losing 22.04 points on Monday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 14.66% to VND8.32 trillion ($352.8 million).

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

VHM of property giant Vinhomes led with a 6.7% gain, followed by VPB of private lender VPBank, up 3.3%.

POW of electricity producer Petrovietnam Power Corporation went up 2.7%f and SSI of leading brokerage SSI Securities Corporation increased by 2.6%.

Seven blue chips fell.

HDB of HDBank lost 2.2% and PLX of fuel distributor Petrolimex dropped 2%.

Foreign investors were net buyers to the tune of VND113.93 billion, mainly buying VHM and HPG.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.74% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.46%.

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