Stocks gain modestly

By Dat Nguyen February 11, 2025 | 01:27 am PT

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 0.41% to 1,268.45 points Tuesday.

The index closed 5.19 points higher after dropping 11.94 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 25% to VND14.21 trillion (US$557 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 16 tickers gained.

HPG of steelmaker Hoa Phat Group led with a 2.8% increase, followed by FPT of IT giant FPT Corporation, up 2.4%.

PLX of fuel distributor Petrolimex went up 2% and SHB of Saigon Hanoi Commercial Bank rose 1.9% higher.

Fourteen blue chips fell, including MWG of electronics retail chain Mobile World with a 1.7% loss.

VRE of retail real estate arm Vincom Retail dropped 1.2% while BCM of Becamex Investment and Industrial Development closed 1.1% lower.

Foreign investors were net sellers to the tune of VND583 billion, mainly selling MWG and VNM of dairy giant Vinamilk.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.39%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.12%.