On Tuesday, the VN-Index, Vietnam’s benchmark index, rose by 0.9% to reach 1,717.06 points. This marked the highest level it had reached since October 17. The index ended the day 15 points higher, with a total increase of over 56 points across the previous five sessions.
The Ho Chi Minh Stock Exchange, where the index is located, experienced a 6.4% increase in trading. The trade value came to VND22.39 trillion, equivalent to US$849 million.
The VN30 basket comprises the 30 largest capped stocks, of which 20 saw an increase in their share prices. Leading the pack was Sabeco’s SAB and Vietjet’s VJC, both of which saw a significant 6.9% increase in their share prices. They were closely followed by the Vietnam Rubber Group’s GVR, which saw an increase of 3.9%, and Techcombank’s TCB, which experienced a 3% hike in its share price.
On the other hand, five blue-chip stocks experienced a drop, with VPBank’s VPB seeing the most significant decline of 1.4%.
In terms of foreign investment, investors were net buyers, with VND637 billion invested predominantly in Vietjet’s VJC and Vingroup’s VIC.
Other exchanges also saw a rise in their indices. The HNX-Index on the Hanoi Stock Exchange, famous for mid and small-cap stocks, saw an increase of 0.37%. Meanwhile, the UPCoM-Index for the Unlisted Public Companies Market experienced an increase of 0.47%.
What was the highest point reached by the VN-Index on Tuesday?
The VN-Index reached its highest point since October 17 on Tuesday, concluding at 1,717.06 points.
Which stocks led the increase in the VN30 basket?
The stocks that led the increase in the VN30 basket were Sabeco’s SAB and Vietjet’s VJC, each experiencing a 6.9% rise in share price.
What was the trend among foreign investors?
Foreign investors were predominantly net buyers, notably investing in Vietjet’s VJC and Vingroup’s VIC.
