Market

VN-Index Continues Its Winning Streak: A Third Consecutive Session of Gains

Market Overview

The VN-Index experienced a slight decline, closing 16.3 points lower after a 10-point gain on Tuesday. Despite this, it has shown remarkable resilience, rising in seven out of the eight sessions this month.

Trading Volume Surge

Trading activity on the Ho Chi Minh Stock Exchange saw a significant uptick, increasing by 10% to VND27.33 trillion (US$1.05 billion), marking the highest volume in three weeks.

Performance Highlights

The VN-30 basket, which includes the 30 largest capped stocks, witnessed gains in 22 tickers. Notably, VPB of private lender VPBank reached its ceiling price, while FPT of tech giant FPT Corporation rose by 5.69%, and BID of state-owned lender BIDV increased by 4.61%.

Decliners and Foreign Investment

Seven blue chips faced declines, with VRE of Vincom Retail dropping by 2.76%, VHM of Vinhomes falling 2.58%, and GVR of Vietnam Rubber Group decreasing by 2.27%. Foreign investors emerged as net buyers, injecting VND2.26 trillion, primarily into FPT and VPB.

Other Indices

The HNX-Index for mid and small caps on the Hanoi Stock Exchange rose by 0.23%, and the UPCoM-Index for unlisted public companies increased by 0.24%.