VN-Index nears 2-week high

By Dat Nguyen   October 18, 2022 | 01:08 am PT
VN-Index nears 2-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 1.15% to 1,063.66 points Tuesday, highest since October 6.

The index closed 12.1 points higher after losing 10.3 points on Monday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 6.5% to VND10.17 trillion ($416.59 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 23 tickers gain.

VIC of biggest private conglomerate Vingroup led with a 4.3% rise.

It was followed by MSN of conglomerate Masan, up 3.8%, and VRE of retail real estate arm Vincom Retail, up 3.6%.

VNM of dairy giant Vinamilk went up 2.7%.

Five blue chips fell, with STB of Ho Chi Minh City-based lender Sacombank losing 2.5%.

HPG of steelmaker Hoa Phat Group fell 2.1%, and SSI of leading brokerage SSI Securities Corporation was down 1.1%.

Foreign investors were net sellers to the tune of VND30.04 billion ($1.23 million), mainly selling HPG and VHM of property giant Vinhomes.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 1.17% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.39%.

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