Stocks close 3rd session in green

By Dat Nguyen   March 8, 2023 | 02:00 am PT
Vietnam’s benchmark VN-Index rose 1.09% to 1049.18 points Wednesday.

The index closed 11.34 points higher after gaining 10.66 points on Tuesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 3.48% to VND8.54 trillion ($360.07 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 27 tickers gain.

PDR of Phat Dat Real Estate Development gained 4.9%, followed by VPB of private lender VPBank with a 4.3% rise.

MSN of conglomerate Masan Group went up 2.7%, and VRE of retail real estate arm Vincom Retail increase by 2.4%.

Three blue chips closed in the red: MWG of electronics retail chain Mobile World lost 0.8%, PLX of fuel distributor Petrolimex fell 0.3%, and SAB of brewer Sabeco ended 0.2% lower.

Foreign investors were net buyers to the tune of VND241.01 billion, mainly buying HPG of steelmaker Hoa Phat Group and VND of brokerage VNDirect.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.57% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.42%.

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