VN-Index gains for third consecutive session

The benchmark VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), increased 9.47 points, or 0.91%, to 1,055.82 on Thursday, marking its gain for third consecutive session.

The major bourse saw 241 gainers and 159 losers, with more than 530 million shares changing hands for more than VND9.18 trillion ($391 million).

The VN30 index, which features the 30 largest-cap stocks, went up 11,75 points, or 1.12%, to 1,061.9, with up to 25 out of 30 tickers gaining.

Among the gainers, POW of PV Power hit its ceiling price, followed by STB of Sacombank, up 4%; TPB of Techcombank, VHM of Vinamilk, HPG of steel maker Hoa Phat, and VRE of Vincom Retail, over 2%.

Among the mid-cap groups, steel, electricity and securities showed their good performance, while real estate saw a divergence.

Foreign investors continued to be net buyers for the ninth consecutive session to the tune of over VND700 billion ($29.8 million) on the HoSE. They mainly net purchased HPG, VHM of Vinhomes, and VRE.

The HNX-Index on the Hanoi bourse slightly rose 0.05 points to 213.11, while the UpCOM-Index on the unlisted public company market expanded 0.06 points to 72.82.

Notably, the UPCoM welcomed a new comer, VNZ of tech unicorn VNG, at the reference level of VND240,000 ($10.2), with a trading band of 40%. The stock hit its ceiling price, with more than 80,000 shares waiting for sellers.