VN-Index rebounds to three-week high

By Dat Nguyen   November 8, 2023 | 02:36 am PT
VN-Index rebounds to three-week high
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 surged 3.07% to 1,113.43 points Wednesday, highest since Oct. 17.

The index closed 33.14 points higher after dropping 9.37 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 48% to VND18.595 trillion ($762.67 million).

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

SSI of leading brokerage SSI Securities Corporation led with a 6.9% rise, followed by GVR of Vietnam Rubber Group, up 6.8%.

VJC of budget airline Vietjet rose 6.6% and FPT of IT giant FPT Corporation closed 4.9% higher.

Foreign investors were net seller to the tune of VND267 billion, mainly selling 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 4.00%, while the UPCoM-Index for the Unlisted Public Companies Market went up 1.84%.

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