VN-Index hits highest since Sept 6

By Dat Nguyen   February 28, 2024 | 12:51 am PT
VN-Index hits highest since Sept 6
Investors looks at stock prices at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam's benchmark VN-Index rose 1.38% to 1,254.55 points Wednesday, highest since Sept. 6.

The index closed 17 points higher after gaining 13 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 1.6% to VND22.68 trillion ($920 million).

In the VN30 basket, which comprises the 30 largest capped stocks, VCB of state-owned lender Vietcombank rose 6.9%, followed by VRE of retail real estate arm Vincom Retail, up 5.3%.

TPB of private TPBank gained 4.4% and VPB of private lender VPBank closed 2.8% higher.

Two blue chips fell. CTG of state-owned lender VietinBank dropped 0.6% and VJC of budget airline Vietjet closed with a 0.1% decline.

Foreign investors were net buyers. They mainly net bought HPG of steelmaker Hoa Phat 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, rose 1.08%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.11%.

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