VN-Index reaches 7-session high

By Dat Nguyen   July 2, 2024 | 03:29 am PT
VN-Index reaches 7-session high
An investor looks at stock prices on a laptop at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam's benchmark VN-Index rose 1.21% to 1,269.79 points Tuesday, highest in seven sessions.

The index closed 15.23 points higher after gaining 9.24 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 7% to VND13.98 trillion ($549 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 26 tickers gained.

HDB of HDBank led with a 4.3% rise, followed by BID of state-owned lender BIDV, up 4.2%.

BVH of insurance company Bao Viet Holdings gained 2.6% and VCB of state-owned lender Vietcombank closed 2.4% higher.

Four blue chips fell, including VRE of retail real estate arm Vincom Retail with a 0.7% drop.

Foreign investors were net sellers to the tune of VND49 billion, mainly selling VHM of property giant Vinhomes and TCB of the largest private lender Techcombank.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.94%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.28%.

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