VN-Index breaks 3-session losing streak

By Minh Hieu June 3, 2024 | 03:03 am PT

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

Vietnam's benchmark VN-Index rose 1.45% to 1,280 points Monday after declining in the previous three sessions.

The index closed 18.28 points higher after dropping 4.60 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 39% to VND26.097 trillion (US$1.03 billion).

The VN-30 basket, comprising the 30 largest capped stocks, saw 29 tickers gained.

STB of private lender Sacombank surged 6.8%, POW of electricity producer Petrovietnam Power Corporation went up 6.7%, MBB of lender MB closed 3.9% higher.

Only one blue chip fell. GVR of Vietnam Rubber Group lost 0.4%.

Foreign investors were net seller to the tune of VND243 billion, mainly selling FPT of IT giant FPT Corporation and MWG of electronics retail chain Mobile World.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.67%, while the UPCoM-Index for the Unlisted Public Companies Market went up 1.07%.