Stocks post modest gain – VnExpress International
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 0.50% to 1,242.36 points Thursday.
The index closed 6.2 points higher after gaining 7.1 points in the previous session.
Trading on the Ho Chi Minh Stock Exchange increased by 28% to VND13.32 trillion (US$525 million).
The VN-30 basket, comprising the 30 largest capped stocks, saw 22 tickers gained.
VCB of state-owned lender Vietcombank led with a 1.4% rise, followed by SSI of brokerage SSI Securities Corporation and STB of Ho Chi Minh City-based lender Sacombank, both went up 1%.
GVR of Vietnam Rubber Group and MWG of electronics retail chain Mobile World increased by 0.9%.
Three blue chips fell, including SAB of brewer Sabeco with a 1.8% fall.
Foreign investors’ net sale surged 7.6 times to VND3.12 trillion, mainly selling VIC of private conglomerate Vingroup and FPT of IT giant FPT Corporation.
The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.59%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.16%.
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