VN-Index shoots up nearly 23 points

Created 22 July 2021
  • PDF
Editor Choice
(0 votes, average 0 out of 5)

Vietnam’s benchmark VN-Index gained 1.8 percent to hit 1,293.67 points Thursday with no blue chips ending in the red.

VN-Index shoots up nearly 23 points

The index followed an upward trend throughout the day, rising nearly 23 points. It has gained 4 percent since its previous bottom on July 19.

Trading value on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, gained 6 percent to VND17 trillion ($739.3 million). The bourse saw 308 tickers gain and 79 lose.

The VN30 basket, comprising the 30 largest capped stocks, saw 29 tickers gaining and one unchanged, led by KDH of real estate firm Khang Dien House with a 7 percent increase.

FPT of IT giant FPT Corporation rose 3.2 percent to a near two-week high, while VRE of retail real estate arm Vincom Retail gained 2.9 percent.

VHM of real estate giant Vinhomes rose 2.8 percent, its third gaining session in a row.

Other notable gainers include GAS of state-owned Petrovietnam Gas and TPB of private TPBank, both up 2.3, and PNJ of Phu Nhuan Jewelry, up 2.1 percent.

Foreign investors were net sellers for the fourth straight session to the tune of VND508 billion, with strongest pressure on VIC of biggest private conglomerate Vingroup and KDH.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 1.72 percent while the UPCoM-Index for the Unlisted Public Companies Market added 1.51 percent.


Source: VNE

Maybe You Also Interesting :

» Hydropower plants worsen central Vietnam flooding

A hydropower plant in Phu Yen opened its floodgates and released 4,000 to 9,000 cubic meters of water Tuesday, worsening floods in several areas.

» Hydropower plants open floodgates, contribute to central Vietnam floods

A downstream hydropower plant in Phu Yen discharged up to 9,000 m3/s for hours this week, worsening floods that has left at least four dead in the central...

» Hanoi launches first electric bus line

Hanoi launches its first electric bus line on Thursday, which would be integrated with other bus lines at the capital.