VN-Index firms at 11-week high

By Dat Nguyen   January 3, 2024 | 01:56 am PT
VN-Index firms at 11-week high
An investor looks at stock prices on a screen at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam's benchmark VN-Index rose 1.10% to 1,144.17 points Wednesday, highest since Oct. 13.

The index closed 12.45 points higher after gaining 1.79 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 14% to VND14.71 trillion ($603.24 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 27 tickers gained.

GVR of Vietnam Rubber Group led with a 3.1% gain rise, followed by SHB of Saigon Hanoi Commercial Bank and STB of Ho Chi Minh City-based lender Sacombank, both up 2.7%.

ACB of Asia Commercial Bank gained 2.2% and BID of state-owned lender BIDV closed 1.9% higher.

Two blue chips fell. SSB of SeABank dropped 2.7% and BCM of Becamex Investment and Industrial Development closed 0.6% lower.

Foreign investors were net sellers to the tune of VND208 billion, mainly selling SSI of leading brokerage SSI Securities Corporation and PVS of PetroVietnam Technical Services Corporation.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.72%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.25%.

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