VN-Index gains slightly

By Dat Nguyen March 12, 2024 | 01:01 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 0.77% to 1,245.00 points Tuesday.

The index closed 9.51 points higher after dropping 11.86 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 13% to VND20.76 trillion ($842 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 17 tickers gained and 13 fell.

GVR of Vietnam Rubber Group surged 6.9%, followed by BID of state-owned lender BIDV with a 3% increase.

VRE of retail real estate arm Vincom Retail rose 2.9% and TCB of the largest private lender Techcombank closed 2% higher.

Eight blue chips fell. POW of electricity producer Petrovietnam Power Corporation and SHB of Saigon Hanoi Commercial Bank both dropped 0.9%.

Foreign investors were net sellers to the tune of VND174 billion, mainly selling MWG of electronics retail chain Mobile World and VIX of VIX Securities Jsc.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.08%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.12%.