VN-Index closes week with meager gain

By Dat Nguyen   March 24, 2023 | 12:33 am PT
VN-Index closes week with meager gain
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 0.16% to 1046.79 points Friday, closing the week with four out of five sessions in the green.

The index closed 1.69 points higher after gaining 4.56 points on Thursday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 21.22% to VND9.44 trillion ($401.53 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 19 tickers gain.

NVL of property developer Novaland Group hit ceiling price with a 6.7% rise.

PDR of Phat Dat Real Estate Development rose 2.9%, followed by HDB of HDBank with a 2.3% gain.

GVR of Vietnam Rubber Group and VHM of property giant Vinhomes both went up 2.1%.

Ten blue chips fell. VCB of state-owned lender Vietcombank dropped 1.9% and MSN of conglomerate Masan Group went 1.3% lower.

Foreign investors were net buyers to the tune of VND95.69 billion, mainly buying VHM and HPG of steelmaker Hoa Phat Group.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 1.18% while the UPCoM-Index at the Unlisted Public Companies Market was stayed unchanged.

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