VN-Index on 5-session gaining streak

By Minh Hieu   July 8, 2024 | 01:22 am PT
VN-Index on 5-session gaining streak
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 0.04% to 1,283.56 points Monday for the fifth consecutive session.

The index closed 0.52 points higher after gaining 3.15 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 24% to VND19.889 trillion (US$782.5 million).

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

PLX of fuel distributor Petrolimex went up 5.8%, followed by GVR of Vietnam Rubber Group with a 4.0% growth.

POW of electricity producer Petrovietnam Power Corporation gained 3.1%.

Seventeen blue chips fell. SAB of brewer Sabeco slid 2.8%, VIC of private conglomerate Vingroup saw a 2.42% decline, and VRE of retail real estate arm Vincom Retail closed 2.40% lower.

Foreign investors were net seller for the 23th consecutive session. They net sold VND2.32 trillion, mainly selling HDB of lender HDBank and FPT of IT giant FPT Corporation.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.35%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.29%.

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