Stocks tiptoe around four-month high

By Dat Nguyen   January 22, 2024 | 01:48 am PT
Stocks tiptoe around four-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 0.12% to 1,182.86 points Monday, highest since Sep. 22.

The index closed 1.36 points higher after gaining 12.44 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 27% to VND18.74 trillion ($763.50 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 14 tickers gained.

HPG of steelmaker Hoa Phat Group led with a 1.8% rise, followed by ACB of Asia Commercial Bank, up 1.3%.

HDB of HDBank gained 1.2% and SSI of leading brokerage SSI Securities Corporation went up 0.7%.

Ten blue chips fell, including GVR of Vietnam Rubber Group with a 1.2% loss.

Foreign investors were net buyers to the tune of VND471 billion, mainly buying PC1 of construction firm PC1 Group and CTG of state-owned lender VietinBank.

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 0.29%.

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