VN-Index gains with improved trade

By Dat Nguyen November 14, 2023 | 01:24 am PT

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 0.88% to 1,109.73 points Tuesday with recovering trade value on the main bourse.

The index closed 9.66 points higher after dropping 1.61 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 6% to VND17.03 trillion ($698.95 million) after two sessions of decline.

The VN-30 basket, comprising the 30 largest capped stocks, saw 25 tickers gained.

The top gainers included MWG of electronics retail chain Mobile World, up 3.8%, SHB of Saigon Hanoi Commercial Bank, up 3.6%, and STB of Ho Chi Minh City-based lender Sacombank, up 2.6%

Five blue chips fell, including VHM of property giant Vinhomes with a 0.8% decline and HPG of steelmaker Hoa Phat Group, dropping 0.7%.

Foreign investors were net sellers to the tune of VND335 billion, mainly selling MWG of electronics retail chain Mobile World and VNM of dairy giant Vinamilk.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.58%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.76%.