VN-Index inches up

By Dat Nguyen June 20, 2023 | 12:42 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 0.57% to 1,111.72 points Tuesday.

The index closed 6.32 points higher after losing 9.82 points on Monday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 4.93 percent to VND13.61 trillion ($578.58 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 21 tickers gain.

PDR of Phat Dat Real Estate Development gained 6.5%, followed by GVR of Vietnam Rubber Group with a 5% increase.

NVL of property developer Novaland Group went up 3.6% and MWG of electronics retail chain Mobile World closed 2.4% higher.

VCB of state-owned lender Vietcombank fell 1.8%, followed by SAB of brewer Sabeco with a 1% drop.

Foreign investors were net sellers to the tune of VND408.44 billion, mainly selling VNM of dairy giant Vinamilk and SSI of leading brokerage SSI Securities Corporation.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.99% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.32%.