VN-Index nears 5-month high

By Dat Nguyen   February 15, 2024 | 03:28 am PT
VN-Index nears 5-month high
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 0.33% to 1,202.50 points Thursday, highest since Sep. 21.

The index closed 3.97 points higher after gaining 10.05 points in the last session before the seven-day Lunar New Year holiday.

Trading on the Ho Chi Minh Stock Exchange increased by 25% to VND19.39 trillion ($793 million).

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

TCB of the largest private lender Techcombank led with a 2.9% rise, followed by MBB of lender MB, up 2.8%.

SHB of Saigon Hanoi Commercial Bank gained 2.1% and HPG of steelmaker Hoa Phat Group went up 2%.

Eight blue chips fell. ACB of Asia Commercial Bank plunged 2.9% and GVR of Vietnam Rubber Group dropped 1.6%.

Foreign investors were net sellers to the tune of VND326 billion, mainly selling VNM of dairy giant Vinamilk and CTG of state-owned lender VietinBank.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.74%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.79%.

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