VN-Index climbs to near 3-week high

By Dat Nguyen   May 8, 2023 | 01:54 am PT
VN-Index climbs to near 3-week 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 1.26% to 1,053.44 points Monday, highest in nearly three weeks.

The index closed 13.13 points higher after losing 0.3 points on Friday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 15.92% to VND10.78 trillion ($459.74 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 26 tickers gain.

GVR of Vietnam Rubber Group led with a 4.5% surge, followed by SSI of leading brokerage SSI Securities Corporation, up 4%.

VCB of state-owned lender Vietcombank closed 3.6% higher and BID of state-owned lender BIDV gained 2.9%.

Only two blue chips fell. NVL of property developer Novaland Group lost 4.4% and TPB of private TPBank closed 0.4% lower.

Foreign investors were net sellers to the tune of VND13.45 billion, mainly selling CTG of state-owned lender VietinBank.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 1.50% while the UPCoM-Index at the Unlisted Public Companies Market was up by 1.06%.

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