VN-Index rebounds, driven by all blue chips in green

By Dat Nguyen November 2, 2023 | 01:10 am PT

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

Vietnam's benchmark VN-Index rose 3.44%, with the biggest single day gain to 1,075.47 points, its second session in the green with no blue chip falling.

Vietnam’s benchmark surged 2.35 percent to 1,446.77 points Tuesday with the biggest single day gain in five months

The index closed 35.81 points higher after gaining 11.47 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 12% to VND14.63 trillion ($595 million).

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

The top gainers included SAB of brewer Sabeco, up 7%, and GVR of Vietnam Rubber Group, up 6.9%.

SSI of leading brokerage SSI Securities Corporation went up 6.4% and HPG of steelmaker Hoa Phat Group rose 5.4%.

Foreign investors were net seller to the tune of VND157 billion. They mainly net sold MWG of electronics retail chain Mobile World and VHM of property giant Vinhomes.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 3.97%, while the UPCoM-Index for the Unlisted Public Companies Market went up 2.78%.