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 soared by 1.26% to 1,309.73 points Wednesday for the third consecutive session.
The index closed 16.3 points lower after gaining 10 points on Tuesday. It has risen in seven out of the eight sessions so far this month.
Trading on the Ho Chi Minh Stock Exchange went up by 10% to VND27.33 trillion (US$1.05 billion), its highest in three weeks.
The VN-30 basket, comprising the 30 largest capped stocks, saw 22 tickers gained, with VPB of private lender VPBank hitting ceiling price.
FPT of tech giant FPT Corporation saw a 5.69% rise, followed by BID of state-owned lender BIDV, up 4.61%.
Seven blue chips fell. VRE of retail real estate arm Vincom Retail slid by 2.76%, VHM of property giant Vinhomes closed 2.58% lower, GVR of Vietnam Rubber Group went down 2.27%.
Foreign investors were net buyer to the tune of VND2.26 trillion, mainly buying FPT and VPB.
The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.23%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.24%.
