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

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%