VN-Index rises after correction

By Dat Nguyen   January 31, 2023 | 12:50 am PT
VN-Index rises after correction
An investor looks at stock prices on a laptop at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam’s benchmark VN-Index rose 0.78% to 1,111.18 points Tuesday after dipping in the previous session.

The index closed 8.61 points higher after losing 14.53 points on Monday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 0.20% to VND13.60 trillion ($580.12 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 20 tickers gain.

STB of Ho Chi Minh City-based lender Sacombank rose 4.8%, followed by TPB of private TPBank with a 4.6% gain.

SSI of leading brokerage SSI Securities Corporation and VJC of budget airline Vietjet both went up 2.9%.

Ten blue chips fell, with VNM of dairy giant Vinamilk losing 2.9%.

VHM of property giant Vinhomes dropped 1.2%.

Foreign investors were net sellers to the tune of VND118.99 billion, mainly buying HPG of steelmaker Hoa Phat Group and SSI.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.75% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.58%.

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