VN-Index hits 6-week high

By Dat Nguyen   January 16, 2023 | 12:35 am PT
VN-Index hits 6-week high
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 0.61% to 1,066.68 points Monday, highest since December 5.

The index closed 6.51 points higher after gaining 3.78 points on Friday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 24.39% to VND9.37 trillion ($400 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 15 tickers gain.

BID of state-owned lender BIDV gained 6.9%, followed by GVR of Vietnam Rubber Group with a 4.5% rise.

ACB of Asia Commercial Bank went up 3.5%, and CTG of state-owned lender VietinBank gained 3.1%.

Thirteen blue chips fell, with NVL of property developer Novaland Group losing 4.5%.

Foreign investors were net buyers to the tune of VND227.96 billion, mainly buying HPG of steelmaker Hoa Phat Group and BID.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 0.18% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.18%.

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