VN-Index posts largest gain in 6 sessions

By Dat Nguyen   November 1, 2023 | 12:52 am PT
VN-Index posts largest gain in 6 sessions
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 1.12% Wednesday to 1039.66 points, its biggest gain in six sessions after recent plunges.

The index closed 11 points higher after dropping 14 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 12% to VND13.06 trillion ($531.09 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 22 tickers gained and 8 fell.

VJC of budget airline Vietjet led with a 5.5% rise, followed by SSI of leading brokerage SSI Securities Corporation, up 5.4%.

HPG of steelmaker Hoa Phat Group went up 4.1% and VNM of dairy giant Vinamilk closed 3.5% higher.

Seven blue chips fell, with MWG of electronics retail chain Mobile World hitting the floor, down 6.9%.

Foreign investors were net sellers to the tune of VND89 billion, mainly selling VHM of property giant Vinhomes and MWG of electronics retail chain Mobile World.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 1.69% while the UPCoM-Index for the Unlisted Public Companies Market gained 0.95%.

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