VN-Index gains 5 sessions in a row

By Dat Nguyen June 26, 2023 | 12:25 am PT

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

Vietnam’s benchmark VN-Index rose 0.23% to 1132.03 points Monday in its fifth straight session in the green.

The index closed 2.65 points higher after gaining 4.08 points on Friday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 12% to VND20.38 trillion ($861.97 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 18 tickers gain.

MWG of electronics retail chain Mobile World gained 3.4%, followed by GVR of Vietnam Rubber Group with a 3.2% increase.

NVL of property developer Novaland Group rose 2.8% and VNM of dairy giant Vinamilk went up 2.2%.

Eight blue chips fell.

STB of Ho Chi Minh City-based lender Sacombank lost 2.3% and VHM of property giant Vinhomes closed 0.9% lower.

Foreign investors were net sellers to the tune of VND448.53 billion, mainly selling VNM of dairy giant Vinamilk and VRE of retail real estate arm Vincom Retail.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 0.23% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.13%.