VN-Index rises to new peak this year

By Dat Nguyen   July 10, 2023 | 01:29 am PT
VN-Index rises to new peak this year
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 0.96% to 1149.02 points Monday, a new peak this year.

The index closed 10.95 points higher after gaining 11.85 points on Friday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 11.58% to VND18.41 trillion ($778.19 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 23 tickers gain.

PDR of Phat Dat Real Estate Development gained 6.9%, followed by BID of state-owned lender BIDV with a 6% increase.

MWG of electronics retail chain Mobile World closed 4.9% higher and SSI of leading brokerage SSI Securities Corporation went up 4%.

Four blue chips fell.

VCB of state-owned lender Vietcombank lost 2.2% and SAB of brewer Sabeco went down 0.5%.

Foreign investors were net sellers to the tune of VND350.26 billion, mainly selling KDC of food producer KIDO Group and PVD of PetroVietnam Drilling & Well Services Corporation.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 1.13% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.67%.

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