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 on Friday rose 0.59% to 1,326.05 points, its highest since May 2022.
The index closed 7.83 points higher after gaining 13.51 points in the previous session.
Trading on the Ho Chi Minh Stock Exchange decreased by 7% to VND20.794 trillion. (US$814.8 million).
The VN-30 basket, comprising the 30 largest capped stocks, saw 16 tickers gained.
VIC of private conglomerate Vingroup saw the biggest jump of 7.0%, followed by VHM of property giant Vinhomes with a 3.1% rise and VRE of retail real estate arm Vincom Retail, up 2.0%.
Ten blue chips fell. PLX of fuel distributor Petrolimex slipped 1.8%, BVH of insurance company Bao Viet Holdings dropped 1.7% and GVR of Vietnam Rubber Group closed 1.5% lower.
Foreign investors were net seller to the tune of VND148 billion, mainly selling FPT of IT giant FPT Corporation and VCB of state-owned lender Vietcombank.
The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.17%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.27%.
