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VN-Index closes fourth session in the green

By Quang Tue   August 4, 2022 | 01:26 am PT
VN-Index closes fourth session in the green
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 0.35 percent to 1,254.15 points Thursday in its fourth straight gaining session.

The index closed 4.39 points higher after gaining over 43 points in the last four sessions.

Trading on the Ho Chi Minh Stock Exchange fell by 3.2 percent to VND17.01 trillion ($726.7 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 16 tickers gain.

VCB of state-owned lender Vietcombank rose 3.8 percent to a near four-month high.

NVL of property developer Novaland gained 3 percent, while PLX of fuel distributor Petrolimex closed 2.9 percent higher.

Other gainers were TPB of private lender TPBank, up 2.9 percent, and VHM of property giant Vinhomes, up 1.8 percent.

Eleven blue chips fell, led by GAS of Petrovietnam Gas with a 2.7 percent drop.

SAB of brewer Sabeco lost 2.6 percent, and MSN of conglomerate Masan Group ended 1.9 percent lower.

Foreign investors were net buyers for the fourth session in a row to the tune of VND56.29 billion. They focused on buying VHM and HPG of steelmaker Hoa Phat.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, fell 0.13 percent while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.60 percent.

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