VN-Index inches up

By Quang Tue   July 14, 2022 | 04:02 am PT
VN-Index inches up
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 0.7 percent to 1,182.17 points Thursday with two-thirds of blue chips ending in the green.

The index closed 8.25 points higher after losing 0.9 points Wednesday.

Trading on the Ho Chi Minh Stock Exchange fell by 5 percent to VND10.97 trillion ($468.4 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 21 tickers gain.

KDH of housing developer Khang Dien rose 4.1 percent, its biggest one-day jump since May 17.

SSI of leading brokerage SSI Securities and GVR of Vietnam Rubber Group followed, gaining 3.9 and 2.9 percent, respectively.

Other winners included GAS of Petrovietnam Gas, up 2.6 percent, and CTG of lender VietinBank, up 1.7 percent.

Six tickers bucked the trend, with MWG of electronics retailer Mobile World losing 1.6 percent.

VRE of Vingroup's mall operator arm Vincom Retail dropped 0.8 percent.

TCB of private lender Techcombank and HPG of steel giant Hoa Phat both closed 0.4 percent lower.

Foreign investors were net buyers to the tune of VND146.05 billion, focusing on MWG, STB of lender Sacombank, and CTG.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 1.20 percent while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.11 percent.

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