Stocks return to five-month peak

By Dat Nguyen   February 27, 2024 | 12:47 am PT
Stocks return to five-month peak
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 rose 1.09% to 1,237.46 points Tuesday, highest since Sept. 12.

The index closed 13.29 points higher after gaining 12.17 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 10% to VND23.06 trillion ($935.97 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 21 tickers gained.

HPG of steelmaker Hoa Phat Group led with a 5.4% surge, followed by SSI of leading brokerage SSI Securities Corporation, up 2.3%.

VHM of property giant Vinhomes rose 2% and GAS of state-owned Petrovietnam Gas closed 1.8% higher.

Four blue chips fell, including BID of state-owned lender BIDV with a 1% fall.

Foreign investors were net buyers to the tune of VND41 billion, mainly buying STB of Ho Chi Minh City-based lender Sacombank and VPB of private lender VPBank.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 1.08%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.10%.

go to top