On Tuesday, Vietnam’s leading VN-Index experienced a significant increase, soaring by 2.16% to reach 1,654.98 points, marking the largest surge since October 6. This remarkable growth allowed the index to close approximately 35 points higher, a notable recovery from the 69-point decline it experienced over the previous three sessions.
The trading value also increased significantly, rising by 16% to reach VND34.25 trillion, equivalent to US$1.3 billion.
The VN30 basket, which consists of the 30 highest capped stocks, saw impressive growth in 24 tickers. The rise was spearheaded by SSI Securities Corporation, VPBank, and Vincom Retail, each experiencing a gain of 6.9%. Other strong performers included Techcombank, which closed 4.2% higher, and MB, which rose by 3.9%.
Despite the general upward trend, there were a few stocks that did not follow suit. The most notable of these were the tech heavyweight FPT Corporation and the state-owned Petrovietnam Gas, both of which saw a 1.6% decrease.
Foreign investors demonstrated significant activity, making net purchases worth VND1.22 trillion. Notably, the majority of this investment was directed towards HDBank and Masan Consumer.
Lastly, the HNX-Index, which hosts mid-cap and small-cap stocks on the Hanoi Stock Exchange, rose by 2.6%. Simultaneously, the UPCoM-Index for the Unlisted Public Companies Market closed 0.57% higher.
What was the percentage increase of the VN-Index?
The VN-Index increased by 2.16%.
Which companies led the rise in the VN30 basket?
The rise was led by SSI Securities Corporation, VPBank, and Vincom Retail, each with a 6.9% gain.
What was the trend among foreign investors?
Foreign investors were net buyers, mainly investing in HDBank and Masan Consumer.
