VN-Index bounces back after drop

By Minh Hieu April 23, 2025 | 01:53 am PT

An investor points at stock prices on a screen at a brokerage in Ho Chi Minh City. Photo by VnExpress/An Khuong

Vietnam's benchmark VN-Index rose 1.16% to 1,211.00 points Wednesday after hitting a two-week low in the previous session.

The index closed 13.87 points higher after dropping 9.94 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 44% to VND18.996 trillion (US$730.9 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 23 tickers gained.

VRE of retail real estate arm Vincom Retail saw the biggest jump of 6.6%, followed by BCM of Becamex Investment and Industrial Development with a 5.8% increase and SAB of brewer Sabeco, up 4.3%.

Five blue chips fell. SSB of SeABank went down 3.6%, SHB of Saigon Hanoi Commercial Bank closed 1.5% lower, STB of Ho Chi Minh City-based lender Sacombank dropped 1.1%.

Foreign investors were net seller to the tune of VND98 billion, mainly selling FPT of tech giant FPT Corporation and VHM of property giant Vinhomes.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 1.80%, while the UPCoM-Index for the Unlisted Public Companies Market went up 1.99%.