VN-Index closes 8th session in green

By Dat Nguyen July 18, 2023 | 01:25 am PT

Vietnam’s benchmark VN-Index rose 0.08% to 1,174.09 points Tuesday in its eighth consecutive session in the green.

The index closed 0.96 points higher after gaining 4.73 points on Monday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 9.93% to VND16.76 trillion ($709 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 10 tickers gained.

Five banks led with TPB of private TPBank rising 3.8% and VPB of private lender VPBank increasing 2.4%.

STB of Ho Chi Minh City-based lender Sacombank closed 1.6% higher and TCB of the largest private lender Techcombank went up 1.3%.

Seventeen blue chips fell.

NVL of property developer Novaland Group lost 2% and PDR of Phat Dat Real Estate Development closed 1.3% lower.

Foreign investors were net buyers to the tune of VND406.37 billion, mainly buying VNM of dairy giant Vinamilk and VHM of property giant Vinhomes.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was unchanged while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.24%.