Stock trading surges

By Dat Nguyen   May 17, 2023 | 02:29 am PT
Stock trading surges
An investor looks at stock prices on a screen at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam’s benchmark VN-Index dropped 0.51% to 1060.44 points Wednesday, but with trading rising double-digit.

The index closed 5.47 points lower after gaining 0.20 points on Tuesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 17.64% to VND13.27 trillion ($565.84 million).

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

NVL of property developer Novaland Group lost 2.6%, followed by TPB of private TPBank with a 2.5% drop.

SSI of leading brokerage SSI Securities Corporation and VPB of private lender VPBank both declined by 2%.

Six blue chips gained, led by VHM of property giant Vinhomes with a 2.3% rise.

Foreign investors were net buyers to the tune of VND102.76 billion, mainly buying HPG of steelmaker Hoa Phat Group and VHM of property giant Vinhomes.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 0.82% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.11%.

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