Stocks extend gain at 2-year peak

By Dat Nguyen   March 4, 2025 | 01:14 am PT
Stocks extend gain at 2-year peak
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 0.19% to 1,311.91 points Tuesday, highest since May 2022.

The index closed 2.5 points higher after gaining 4 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 10% to VND23.19 trillion (US$907 million).

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

TCB of private lender Techcombank led with a 5.4% rise, followed by MSN of conglomerate Masan Group, up 1.6%.

MBB of lender MB gained 1.3% and GVR of Vietnam Rubber Group closed 1.2% higher.

Twelve blue chips dropped, including VHM of property giant Vinhomes with a 1.2% decline.

LPB of Fortune Vietnam Bank was down 1.1%.

Foreign investors were net sellers to the tune of VND323 billion.

They mainly net sold TPB of private TPBank and SSI of brokerage SSI Securities Corporation.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.42%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.36%.

 
 
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