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 0.31% to 1,309.37 points Monday as trading reached its highest level in five months.
The index closed 4.01 points higher after dropping 2.44 points in the previous session.
Trading on the Ho Chi Minh Stock Exchange increased by 13% to a five-month high of VND21.13 trillion (US$825.2 million).
The VN-30 basket, comprising the 30 largest capped stocks, saw 18 tickers gained.
VHM of property giant Vinhomes rose 3.3%, VIC of private conglomerate Vingroup posted a 2.1% gain, and VRE of retail real estate arm Vincom Retail closed 1.7% higher.
Eight blue chips fell. TPB of private lender TPBank went down 3.0%, GVR of Vietnam Rubber Group slipped 0.9%, and SHB of Saigon Hanoi Commercial Bank dropped 0.8%.
Foreign investors were net seller to the tune of VND383 billion, mainly selling ACB of Asia Commercial Bank and FPT of IT giant FPT Corporation.
The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.36%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.08%.
