VN-Index surges with all bluechips in green

By Minh Hieu April 24, 2024 | 04:07 am PT

An investor looks at stock prices on a laptop at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran

Vietnam's benchmark VN-Index rose 2.40% to 1,205.61 points Wednesday.

The index closed 28.21 points higher after dropping 12.82 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 13% to VND19.846 trillion (US$780.7 billion).

The VN30 basket, comprising the 30 largest capped stocks, saw all tickers went up.

FPT of technology giant FPT Corporation saw the biggest increase of 6.95%, followed by GVR of Vietnam Rubber Group, up 6.88%, and MWG of electronics retail chain Mobile World with a 5% rise.

CTG of lender VietinBank closed 4.6% higher, HPG of steel giant Hoa Phat Group and TPB of private lender TPBank both went up 4.3%.

Foreign investors were net seller to the tune of VND244 billion, mainly selling FUEVFVND of exchange-traded fund DCVFMVN DIAMOND and VCB of state-owned lender Vietcombank.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 2.35%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.98%.