VN-Index surges in 5th gaining session

By Dat Nguyen   July 13, 2023 | 03:00 am PT
VN-Index surges in 5th gaining session
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 0.97% to 1,165.42 points Thursday, having risen five sessions in a row.

The index closed 11.22 points higher after gaining 2.43 points on Wednesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 0.37% to VND16.66 trillion ($704 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 27 tickers gain.

GAS of state-owned Petrovietnam Gas and MSN of conglomerate Masan Group both gained 2.9%.

NVL of property developer Novaland Group went up 2.4% and VHM of property giant Vinhomes closed 2.2% higher.

Only two blue chips fell. VNM of dairy giant Vinamilk lost 0.5% and PLX of fuel distributor Petrolimex closed 0.2% lower.

Foreign investors were net buyers to the tune of VND231.05 billion, mainly buying MSN and SSI of leading brokerage SSI Securities Corporation.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.48% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.21%.

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