Stock trading hits 4-month high

By Dat Nguyen   May 30, 2023 | 01:14 am PT
Stock trading hits 4-month 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 0.29% to 1,078.05 points Tuesday, with trading hitting the highest since Feb. 1.

The index closed 3.07 points higher after gaining 11.22 points on Monday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 19.12% to VND16.42 trillion ($699 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 13 tickers gain.

PDR of Phat Dat Real Estate Development led with a 5.8% surge, followed by NVL of property developer Novaland Group, up 2.3%.

MWG of electronics retail chain Mobile World gained 1.8% and MSN of conglomerate Masan Group went up 1.7%.

Ten blue chips fell. VHM of property giant Vinhomes closed 1.1% lower and GAS of state-owned Petrovietnam Gas lost 1%.

Foreign investors were net sellers to the tune of VND503.95 billion, mainly selling EIB of private lender Eximbank and VNM of dairy giant Vinamilk.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.46% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.67%.

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