Vietnam benchmark index hits 1,190 points

The VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), rose 4.82 points, or 0.41%, to close at 1190.72 on Monday.

The major bourse saw up to 301 gainers and 154 losers, with over 1.04 billion shares changing hands for VND20 trillion ($845 million), a slight decrease of 1.03% from the previous session last Friday.

The VN30 index, which tracks the performance of 30 largest cap stocks, increased 6.54 points to 1,193.14, with 16 tickers rising and 12 losing.

Most banking stocks closed in the green, with VPB of VPBank expanding 2.1%, VIB of Vietnam International Bank 2.19%, SHB of Saigon-Hanoi Bank 3.28%, and MSB of Maritime Bank 2.64%. However, some tickers slightly decreased, including VCB of Vietcombank, ACB of Asia Commercial Bank, and STB of Sacombank.

In the real estate group, gainers outnumbered losers. ITA of Tan Tao Investment and Industry Corp., VCG of Vietnam Construction And Import-Export JSC, and NVL of Novaland hit their ceiling prices, while KDH of Khang Dien Holdings, DXG of Dat Xanh Group, PDR of Phat Dat Real Estate Development Corp., and HHV of Deo Ca Traffic Infrastructure Investment JSC enjoyed increases of 2.7-4.3%.

Meanwhile, a divergence was seen in the securities, manufacturing, energy, aviation and retail groups.

Foreign investors were net sellers on the HoSE to the tune of over VND330 billion ($13.94 million). They mainly net sold MSB and SSI of broker Saigon Securities.

The HNX-Index on the Hanoi bourse increased 1.55 points to 236.53, while the UpCOM-Index on the unlisted public company market gained 0.54 points to 88.69.