Stock trading hits 10-session high

By Dat Nguyen   January 6, 2023 | 01:51 am PT
Stock trading hits 10-session high
An investor looks at stock prices on the screens at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam’s benchmark VN-Index dropped 0.41% to 1,051.44 points Friday with trading surging to the highest since December 22.

The index closed 4.38 points lower after gaining 9.47 points on Thursday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 30% to VND11.95 trillion ($509.23 million).

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

MSN of conglomerate Masan Group fell 3.7%, and GVR of Vietnam Rubber Group lost 3.4%.

PDR of Phat Dat Real Estate Development dropped 2.6%, and SSI of leading brokerage SSI Securities Corporation went down 2.1%.

Twelve blue chips gained, with SAB of brewer Sabeco rising 3.7% and VIB of Vietnam International Commercial Bank increasing by 2.5%.

Foreign investors were net buyers to the tune of VND348.97 billion, mainly buying HPG of steelmaker Hoa Phat Group and VRE of retail real estate arm Vincom Retail.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 1.15% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.10%.

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