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 0.15% to 1,341.87 points Wednesday, its highest since May 2022.
The index closed 2.06 points higher in its fourth consecutive gaining session. It has increased by nearly 250 points from the lows hit in early April due to the U.S. tariffs.
Trading on the Ho Chi Minh Stock Exchange decreased by 11% to VND22.284 trillion (US$858 million).
The VN-30 basket, comprising the 30 largest capped stocks, saw 10 tickers gained.
VRE of retail real estate arm Vincom Retail rose 5.5%, VIC of private conglomerate Vingroup went up 2.6%, and PLX of fuel distributor Petrolimex closed 2.2% higher.
Fifteen blue chips fell. HDB of HDBank was down 1.5%, STB of Ho Chi Minh City-based lender Sacombank slipped 1.1%, and VIB of Vietnam International Commercial Bank dropped 1.1%.
Foreign investors were net seller to the tune of VND200 billion, mainly selling VRE and VIC.
The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.80%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.46%.
