VN-Index posts biggest single-day gain in a month

By Minh Hieu April 12, 2024 | 02:59 am PT

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

Vietnam's benchmark VN-Index surged 1.46% to 1,276.6 points Friday, marking its biggest single-session gain since March 13.

The index closed 18.40 points higher after dropping 0.36 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 45% to VND24.069 trillion (US$961.8 billion).

The VN-30 basket, comprising the 30 largest capped stocks, saw 29 tickers gained.

CTG of state-owned lender VietinBank went up 6.5%, VJC of carrier VietJet Air closed 5.9% higher, TCB of the largest private lender Techcombank grew by 5.1%.

Only one blue chip fell, which was MWG of electronics retail chain Mobile World, down 0.6%.

Foreign investors were net seller to the tune of VND727 billion, mainly selling ACB of Asia Commercial Bank and VHM of property developer Vinhomes.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.95%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.32%.