VN-Index closes fourth gaining session

By Dat Nguyen   May 27, 2022 | 12:55 am PT
VN-Index closes fourth gaining session
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 1.33 percent to 1285.45 points Friday, its fourth gaining session in a row.

The index closed 16.88 points higher after sliding sideways Thursday. It has risen nearly 67 points since Tuesday.

Trading on the Ho Chi Minh Stock Exchange increased by 16.89 percent to VND16.09 trillion ($693.50 million).

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

PNJ rose 7 percent to the highest in six weeks.

FPT climbed to a five-week high with a 5.9 percent rise.

Other gainers included MWG of electronics retail chain Mobile World, up 5.5 percent, ACB of Asia Commercial Bank, up 4.8 percent, and KDH of real estate firm Khang Dien House, up 2.7 percent.

STB of Ho Chi Minh City-based lender Sacombank was the only blue chip that bucked the trend with a 0.7 percent decline.

Foreign investors were net buyers to the tune of VND124 billion, mainly buying VNM of dairy giant Vinamilk and VHM of real estate giant Vinhomes.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 0.68 percent while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.36 percent.

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