VN-Index begins week with a 0.25% uplift

By Minh Hieu   March 4, 2024 | 02:00 am PT
VN-Index begins week with a 0.25% uplift
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 increased by 0.25% to 1,261.41 points Monday.

The index closed 3.13 points higher after gaining 5.55 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange surged by 16.8% to VND25.74 trillion ($1.04 billion). The VN-30 basket, comprising the 30 largest capped stocks, saw 9 tickers fell.

VCB of state-owned lender Vietcombank declined by 1.34% while TPB of private lender TPBank slid 1.26%.

Ten blue chips gained, led by BCM of industrial property developer Becamex IDC with a 2.83% growth, followed by GVR of rubber company Vietnam Rubber Group, up 2.23%, and MWG of retail giant Mobile World, which increased by 1.72%.

Foreign investors were net buyer to the tune of VND102.36 billion, mainly buying KBC of industrial building construction firm Kinh Bac City Development Holding Corporation and DIG of real estate developer Development Investment Construction Corporation.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.4%, while the UPCoM-Index for the Unlisted Public Companies Market fell 0.03%.

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