VN-Index ends three-day losing streak

The green color returned to the Ho Chi Minh Stock Exchange (HoSE) on Thursday, ending VN-Index's three-day losing streak.

The index, which tracks the HoSE’s performance, closed at 947.71, up 1.71 points or 0.18%, with more than 543 million shares changing hands for VND8.35 trillion ($336.2 million).

The major bourse saw 218 gainers and 214 losers, with VIC of Vingroup, VNM of Vinamilk, and HPG of steel giant Hoa Phat being the top three contributors behind its gain.

On the other side, MSN of Masan Group lost 4.2% and MWG of Mobile World Investment Corporation plunged to its floor price of VND37,700 ($1.52) per share.

In the real estate group, many large-cap stocks like VHM of Vinhomes and NLG of Nam Long Group gained, while NVL of Novaland Group and PDR of Phat Dat Real Estate Development Corporation continued to hit their floor prices.

Among banking tickers, STB of Sacombank and BID of BIDV bank rose 4% and 1.6% respectively, while VCB of Vietcombank, VIB of VIB bank, EIB of Eximbank, and MSB of Maritime Bank closed below their reference levels.

All steel codes enjoyed an increase of over 3%, with HSG of Hoa Sen Group hitting its ceiling price.

Foreign investors remained net buyers to the tune of about VND300 billion ($12.1 million) for the fourth consecutive sessions. MWG was most purchased by foreign investors with more than VND220 billion ($8.86 million).

The HNX-Index on the Hanoi bourse increased by 0.22 points or 0.12% to 191.22, while the UpCOM-Index on the unlisted public company market was down 0.14 points or 0.21% to 67.51.