Stocks close fifth session in green

By Dat Nguyen February 16, 2024 | 01:30 am PT

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 gained 0.60% to 1,209.70 points Friday in its fifth straight session rising.

The index closed 7.20 points higher after gaining 3.97 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 6% to VND18.25 trillion ($743.84 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 17 tickers gained and 13 fell.

GVR of Vietnam Rubber Group led with a 6.8% rise, followed by VNM of dairy giant Vinamilk, up 3.6%.

VIC of private conglomerate Vingroup rose 3.3% and BVH of insurance company Bao Viet Holdings closed 2.9% higher.

Nine blue chips fell, including HDB of HDBank with a 1.5% decline.

Foreign investors were net sellers to the tune of VND401 billion, mainly selling VNM and STB of Ho Chi Minh City-based lender Sacombank.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.13%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.01%.