Stocks start week in green

The index closed 5.17 points higher after dropping 15.29 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 8% to VND12.119 trillion (US$477.3 million).

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

PLX of fuel distributor Petrolimex went up 2.1%, SSI of brokerage SSI Securities Corporation rose 1.9%, and TCB of private lender Techcombank saw a 1.7% rise.

Seven blue chips gained. VPB of private lender VPBank slipped 1.1%, VRE of retail real estate arm Vincom Retail dropped 0.9%, and MSN of conglomerate Masan Group closed 0.8% lower.

Foreign investors were net seller to the tune of VND73 billion, mainly selling FPT of IT giant FPT Corporation and CTG of state-owned lender VietinBank.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.06%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.08%.

Global stocks fell on Monday following a bumper U.S. jobs report that prompted investors to question if interest rates will fall at all this year, just as earnings season is about to get underway, Reuters reported.

In Europe, equities fell for a second day, leaving the STOXX 600 down 0.7% and Germany's DAX down 0.6%. The FTSE 100 was only down 0.4%, supported by weakness in the pound, which was once again in focus as UK borrowing costs continued to rise.

S&P 500 futures fell 0.6%, and Nasdaq futures dropped 0.95%, suggesting more losses ahead on Wall Street on top of Friday's slide.

In Asia, a holiday in Japan made for thin trading on Monday. Chinese blue chips fell 0.3%, as data showed exports rose a surprisingly steep 10.7% and imports added 1%, adding ammunition to those calling for harsh tariffs on Chinese goods.