VN-Index rises

By Dat Nguyen   May 25, 2023 | 02:37 am PT
VN-Index rises
An investor looks at stock prices on a screen at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam’s benchmark VN-Index rose 0.27% to 1,064.63 points Thursday.

The index closed 2.84 points higher after losing 4.06 points on Wednesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 15% to VND11.70 trillion ($498.40 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 12 tickers gain.

GVR of Vietnam Rubber Group led with a 4.2% rise, followed by GAS of state-owned Petrovietnam Gas with a 2.4% gain.

FPT of IT giant FPT Corporation went up 2.3% and VNM of dairy giant Vinamilk closed 1.2% higher.

Fifteen blue chips fell.

STB of Ho Chi Minh City-based lender Sacombank dropped 1.5% and VPB of private lender VPBank lost 1%.

Foreign investors were net sellers for the fourth straight session to the tune of VND397.22 billion, mainly selling HPG of steelmaker Hoa Phat Group and VND of brokerage VNDirect.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.38% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.27%.

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