VN-Index on 4-session gaining streak

By Minh Hieu   May 17, 2024 | 01:40 am PT
VN-Index on 4-session gaining streak
An investor looks at stock prices on several screens at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam's benchmark VN-Index rose 0.34% to 1,273.11 points Friday in its fourth consecutive gaining session.

The index closed 4.33 points higher after gaining 14.39 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 2% to VND23.073 trillion (US$906.6 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 14 tickers gained.

MSN of conglomerate Masan Group shot up 4.3%, GVR of Vietnam Rubber Group closed 2.5% higher, VRE of retail real estate arm Vincom Retail gained 2.0%.

Twelve bluechips declined. VCB of state-owned lender Vietcombank decreased by 0.9%, FPT of IT giant FPT Corporation lost 0.66% and PLX of fuel distributor Petrolimex fell 0.65%.

Foreign investors were net seller to the tune of VND793 billion, mainly selling VHM of property giant Vinhomes 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 0.64%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.38%.

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