Stocks stuck at 1,240 points

By Dat Nguyen November 28, 2024 | 02:09 am PT

An investor looks at stock prices on a screen at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran

Vietnam's benchmark VN-Index rose 0.01% to 1,242.11 points Thursday, staying flat for three sessions straight.

The index closed 0.14 points higher after dropping 0.16 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 2% to VND11.14 trillion (US$439 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 12 tickers gained.

PLX of fuel distributor Petrolimex led with a 2.3% rise, followed by VIB of Vietnam International Commercial Bank, up 2.2%.

CTG of state-owned lender VietinBank went up 0.7% and HDB of HDBank increased by 0.6%.

Fifteen blue chips dropped. VHM of property giant Vinhomes fell 1.9% and SAB of brewer Sabeco closed 1.1% lower.

Foreign investors were net buyers to the tune of VND55 billion, mainly buying FPT of IT giant FPT Corporation and MSN of conglomerate Masan Group.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.21%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.42%.