VN-Index posts meager gain

By Dat Nguyen   April 18, 2023 | 12:30 am PT
VN-Index posts meager gain
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 0.11% to 1,055.02 points Tuesday, continuing to go sideways after hitting a three-week low on April 14.

The index closed 1.21 points higher after gaining 0.92 points on Monday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 18.95% to VND9.58 trillion ($407.57 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 15 tickers gain.

PLX of fuel distributor Petrolimex and SSI of leading brokerage SSI Securities Corporation both led with a 1.9% rise.

They were followed by VNM of dairy giant Vinamilk, up 1.8% and POW of electricity producer Petrovietnam Power Corporation, up 1.1%.

Thirteen blue chips fell.

Three banks, ACB of Asia Commercial Bank, TCB of the largest private lender Techcombank and VPB of private lender VPBank, dropped 1%.

Foreign investors were net buyers to the tune of VND139.29 billion, mainly buying HPG of steelmaker Hoa Phat Group and VPB.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.78% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.45%.

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