An investor looks at stock prices on a screen at a brokerage in Ho Chi Minh City. Photo by VnExpress/An Khuong
Vietnam’s benchmark VN-Index shot up 1.45% to 1,315.15 points Tuesday, highest since April 2.
The index closed 18.9 points higher after losing 5.1 points Monday.
Trading on the Ho Chi Minh Stock Exchange, on which the index is based, gained 2.4% to VND22.94 trillion (US$883 million).
The VN30 basket, comprising the 30 largest capped stocks, saw 22 tickers in the green.
VHM of property giant Vinhomes and VIC of private conglomerate Vingroup led the rise with a 7% and 6.9% increase, respectively.
TCB of private lender Techcombank rose 4.9% while VRE of retail real estate arm Vincom Retail closed 4.2% higher.
Three blue chips fell. PLX of fuel distributor Petrolimex dropped 0.9% and GAS of state-owned Petrovietnam Gas closed 0.3% lower.
Foreign investors were net sellers for the third straight session to the tune of VND517 billion, mainly selling VHM and FPT of tech giant FPT Corporation.
The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.21% while the UPCoM-Index for the Unlisted Public Companies Market fell 0.02%.
