VN-Index on 6-session gaining streak

By Minh Hieu May 8, 2024 | 03:22 am PT

An investor looks at stock prices on the screens at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran

Vietnam's benchmark VN-Index rose 0.15% to 1,250.46 points Wednesday, marking its sixth consecutive session of gains.

The index closed 1.83 points higher after gaining 7.05 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 27% to VND23.308 trillion (US$916.5 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 12 tickers gained.

PLX of fuel distributor Petrolimex went up 3.4%, SHB of the Saigon-Hanoi Commercial Joint Stock Bank closed 2.1% higher, SAB of brewer Sabeco rose 2.1%

Seventeen bluechips fell. VPB of private lender VPBank went down 1.3%, STB of Ho Chi Minh City-based lender Sacombank fell 1.2%, VJC of budget airline Vietjet slid 1.0%

Foreign investors were net seller to the tune of VND1279 billion, mainly selling VHM of property giant Vinhomes and TCB of the largest private lender Techcombank.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.67%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.51%.