VN-Index closes week in the green

By Dat Nguyen June 9, 2023 | 12:22 am PT

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 0.56% to 1107.53 points Friday, closing the week with four out of five sessions in the green.

The index closed 6.21 points higher after losing 8.22 points on Thursday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 30% to VND16.53 trillion ($703.93 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 17 tickers gain.

SSI of leading brokerage SSI Securities Corporation gained 3.9%, followed by PDR of Phat Dat Real Estate Development with a 3.7% increase.

MSN of conglomerate Masan Group and NVL of property developer Novaland Group both went up 2.8%.

Twelve blue chips closed in the red, including VJC of budget airline Vietjet with a 1.2% decline.

Foreign investors were net buyers to the tune of VND44.84 billion, mainly buying CTG of state-owned lender VietinBank and GEX of electrical equipment maker Gelex Group.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.36% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.20%.