VN-Index rises to 18-month high

By Dat Nguyen   March 21, 2024 | 01:13 am PT
VN-Index rises to 18-month high
An investor looks at stock prices on the screens at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam's benchmark VN-Index rose 1.30% to 1,276.42 points Thursday, highest since early September 2022.

The index closed 16.34 points higher after gaining 17.62 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 29% to VND29.61 trillion ($1.19 billion).

The VN-30 basket, comprising the 30 largest capped stocks, saw 25 tickers gained.

TCB of the largest private lender Techcombank led with a 6.6% surge, followed by HDB of HDBank, up 5.8%.

VIB of Vietnam International Commercial Bank gained 3% and PLX of fuel distributor Petrolimex closed 2.7% higher.

No blue chip closed in the red.

Foreign investors were net sellers to the tune of VND365 billion, mainly selling VNM of dairy giant Vinamilk and MSN of conglomerate Masan Group.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 1.31%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.30%.

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