Stocks post modest gain – VnExpress International

By Dat Nguyen  &nbspJanuary 16, 2025 | 04:00 am PT

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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