VN-Index secures 10-month peak

By Dat Nguyen   July 31, 2023 | 03:07 am PT
VN-Index secures 10-month peak
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 1.26% to 1222.9 points Monday, highest since Sep. 16.

The index closed 15.23 points higher after gaining 10.34 points on Friday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 9.97% to VND24.10 trillion ($1.02 billion).

The VN-30 basket, comprising the 30 largest capped stocks, saw 24 tickers gain.

VHM of property giant Vinhomes and VIC of private conglomerate Vingroup both hit the ceiling with a 7% increase.

VJC of budget airline Vietjet gained 4.3% and BCM of Becamex Investment and Industrial Development went up 3.8%.

Six blue chips fell.

MWG of electronics retail chain Mobile World and VCB of state-owned lender Vietcombank both lost 1.5%

Foreign investors were net buyers to the tune of VND94.11 billion, mainly buying MSB of Vietnam Maritime Commercial Bank and PNJ of Phu Nhuan Jewelry.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.85% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.49%.

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