VN-Index bounces back

By Dat Nguyen   December 27, 2022 | 03:17 am PT
VN-Index bounces back
An investor looks at stock prices on a smartphone at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam’s benchmark VN-Index rose 1.97% to 1,004.57 points Tuesday after hitting a four-week low in the previous session.

The index closed 19.36 points higher after losing 35.13 points on Monday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 4.08% to VND9.57 trillion ($405 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 27 tickers gain.

Four tickers closed at ceiling price: KDH of real estate firm Khang Dien House, GVR of Vietnam Rubber Group, HPG of steelmaker Hoa Phat Group and SSI of leading brokerage SSI Securities Corporation.

VRE of retail real estate arm Vincom Retail rose 5.1%, and VPB of private lender VPBank gained 4.1%.

SAB of brewer Sabeco lost 0.9% and VJC of budget airline Vietjet fell 0.8%.

Foreign investors were net buyers to the tune of VND772.79 billion, mainly buying NVL of property developer Novaland Group and HPG.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 2.34% while the UPCoM-Index at the Unlisted Public Companies Market was up by 1.16%.

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