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 rose 1.04% to 1,318.22 points Thursday, highest since May 2022.
The index closed 13.51 points higher after dropping 7.20 points in the previous session.
Trading on the Ho Chi Minh Stock Exchange increased by 1% to VND22.46 trillion (US$881 million).
The VN-30 basket, comprising the 30 largest capped stocks, saw 24 tickers gained.
MWG of electronics retail chain Mobile World led with a 3.9% rise, followed by SSI of brokerage SSI Securities Corporation, up 3.1%.
GVR of Vietnam Rubber Group gained 3% and MBB of lender MB closed 2.3% higher.
Five blue chips dropped. SAB of brewer Sabeco fell 0.8% while LPB of Fortune Vietnam Bank closed 0.7% lower.
Foreign investors were net buyers to the tune of VND431 billion.
They mainly net sold TPB of private TPBank and VNM of dairy giant Vinamilk.
The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 1.10%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.66%.
