VN-Index inches up, stock trading lowest in 11 sessions

By Quang Tue   August 30, 2022 | 04:49 am PT
VN-Index inches up, stock trading lowest in 11 sessions
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 0.68% to 1,279.39 points Tuesday with trading lowest since August 15.

It closed 8.59 points higher after losing in two previous sessions. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell 32.71% to VND13.84 trillion ($590.9 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 18 tickers gain.

GVR of the Vietnam Rubber Group gained 6.8% for its highest increase since June 10, while VCB of lender Vietcombank rose 4.2% to a six-month high.

Other gainers included PDR of property developer Phat Dat, up 2.4%, BID of lender BIDV, up 2.1%, and CTG of VietinBank, up 1.8%.

Eight stocks lost, with SSI of leading brokerage SSI Securities down 1.8%. It was followed by PLX of fuel distributor Petrolimex, down 1.5%, and VIB of Vietnam International Bank, down 1.2%.

Foreign investors were net sellers to the tune of VND13.53 billion, focusing on TLG of stationary producer Thien Long and PHR of Phuoc Hoa Rubber.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, fell 0.57% while the UPCoM-Index at the Unlisted Public Companies Market rose 0.9%

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