Investors look 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 0.29% to 1,273.84 points Monday while global stocks held firm.
The index closed 3.70 points higher after gaining 2.61 points in the previous session.
Trading on the Ho Chi Minh Stock Exchange decreased by 5% to VND16.781 trillion (US$661.2 million).
The VN-30 basket, comprising the 30 largest capped stocks, saw 15 tickers gained.
VCB of state-owned lender Vietcombank went up 1.2%, TPB of private TPBank closed 0.9% higher, and BCM of Becamex Investment and Industrial Development rose by 0.9%
Nine blue chips fell. FPT of IT giant FPT Corporation slid 1.7%, PLX of fuel distributor Petrolimex went down 0.7%, and ACB of Asia Commercial Bank saw a 0.6% drop.
Foreign investors were net seller to the tune of VND471 billion, mainly selling FPT and ACB.
The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.12%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.11%.
Global shares held steady on Monday as investors took geopolitical tumult in their stride, Reuters reported.
U.S. stock index futures rose 0.1%, suggesting a move beyond last week’s record highs for the S&P 500, Nasdaq and Russell 2000, while in Europe, the STOXX 600 got off to a stronger start, up 0.3%.
South Korean stocks slid 2.8% even as authorities pledged all-out efforts to stabilise financial markets amid uncertainty over the fate of President Yoon Suk Yeol.
