VN-Index closes week with fractional gain

By Dat Nguyen November 24, 2023 | 01:25 am PT

$VN-Index closes week with fractional gain$

An investor looks at stock prices on the screens at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran

Vietnam’s benchmark VN-Index rose 0.65% to 1,095.61 points Friday afternoon, continuing to go flat after a major plunge in the end of last month.

The index closed 7.1 points higher after losing 25.3 points Thursday.

Trading on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, fell 6.7% to VND19.24 trillion ($792.52 million).

The VN30 basket, comprising the 30 largest capped stocks, saw 17 tickers gained.

SAB of brewer Sabeco rose 4.3%, followed by SSI of leading brokerage SSI Securities Corporation, up 3.6%.

MWG of electronics retail chain Mobile World closed 3.4% higher and HPG of steelmaker Hoa Phat Group went up 2.1%.

Nine blue chips fell. MSN of conglomerate Masan Group dropped 2.4% and TCB of the largest private lender Techcombank closed 1.2% lower.

Foreign investors were net buyers to the tune of VND408 billion, mainly buying DGC of Duc Giang Chemicals Group and SSI of leading brokerage SSI Securities Corporation.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, gained 0.69% while the UPCoM-Index for the Unlisted Public Companies Market rose 0.05%.