Stocks firm at 34-month high

By Dat Nguyen   March 6, 2025 | 01:41 am PT
Stocks firm at 34-month high
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 1.04% to 1,318.22 points Thursday, highest since May 2022.

The index closed 13.51 points higher after dropping 7.20 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 1% to VND22.46 trillion (US$881 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 24 tickers gained.

MWG of electronics retail chain Mobile World led with a 3.9% rise, followed by SSI of brokerage SSI Securities Corporation, up 3.1%.

GVR of Vietnam Rubber Group gained 3% and MBB of lender MB closed 2.3% higher.

Five blue chips dropped. SAB of brewer Sabeco fell 0.8% while LPB of Fortune Vietnam Bank closed 0.7% lower.

Foreign investors were net buyers to the tune of VND431 billion.

They mainly net sold TPB of private TPBank and VNM of dairy giant Vinamilk.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 1.10%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.66%.

 
 
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