An investor watches stock prices on a smartphone at a brokerage house in Ho Chi Minh City. Photo by VnExpress / Quynh Tran.
Vietnam’s benchmark VN-Index jumped 1.39% to 1,332.44 points on Tuesday, its seventh consecutive session in the green, with Vingroup tickers leading blue chip gains.
The ticker stayed in the green throughout the day and climbed in the closing minutes of trading, closing with a gain of 18 points. He has gained nearly 64 points in the last seven sessions.
The value of trading on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, rose 8.6% to VND 21.5 trillion ($ 936 million), with 243 tickers winning and 140 losers.
The VN30 basket, comprising the 30 largest capped stocks, saw 26 tickers in the green, led by VIC of the largest private conglomerate Vingroup and VRE of the commercial real estate arm of Vingroup Vincom Retail.
The VIC rose 6.5%, the highest in nearly a month, with volume trading 367% of the average over the past 10 sessions.
VRE rose 2.9% to its highest level since July 9, also with volume increasing to 195 percent from the average over the past 10 sessions.
Leading brokerage firm SSI Securities Corporation’s SSI rose 2.7%, while real estate giant Vinhomes’ VHM gained 2.6%.
HDBank’s HDB and the TCB of the largest private lender Techcombank both increased by 2%.
Only two blue chip stocks finished in the red: PLX from fuel distributor Petrolimex, down 0.6%, and GAS from state-owned Petrovietnam Gas, down 0.5%.
Foreign investors were net buyers for the third consecutive session to the tune of VND 161 billion, with the greatest pressure on MBBank’s SSI and MBB.
The HNX stock index of the Hanoi Stock Exchange, home to mid and small caps, rose 1.33%, while the UPCoM index of the unlisted public companies market gained 0.27%.
