VN-Index gains on securities, real estate stock rallies
Vietnam's benchmark VN-Index increased 1.21 points, or 0.11%, to 1,055.02 on Tuesday on the rallies of securities, real estate and manufacturing stocks at the end of the session.
The Ho Chi Minh Stock Exchange (HoSE), represented by the index, saw 226 gainers and 153 losers, with nearly 540 million shares changing hands for close to VND9.6 trillion ($408.34 million), an increase of VND1.6 trillion from the previous session.
The VN30 index, which tracks the performance of the 30 largest-cap stocks, inched down 0.47 points to 1,064.55.
Stocks of property companies made the most impressive performance with DIG of DIG Corp. and CTD of Coteccons Construction JSC hitting their ceiling prices; CEO of CEO Group gaining 4.78%; and DXG of Dat Xanh Group up 2.8%.
VHM of Vinhomes, CII of Ho Chi Minh City Infrastructure Investment JSC, and HQC of Hoang Quan Corp. expanded more than 1%.
The securities group also recorded positive movements, with three tickers enjoying the maximum prices, namely PSI of Petrovietnam Securities, FTS of FPT Securities, and BSI of BIDV Securities.
Green overwhelmed the stocks of manufacturing firms. Of these, ANV of Nam Viet Corp. hit its ceiling price, VNM of Vinamilk went up 1.81%, HPG of steel maker Hoa Phat 0.48%, MSN of Masan Group 0.13%, SAB of brewer Sabeco 1.1%, DGC of Duc Giang Chemicals 1.31%, and VHC of Vinh Hoan Corp 1.85%.
Meanwhile, banking codes closed in red, with VCB of Vietcombank falling 0.45%, BID of BIDV bank 0.8%, CTG of VietinBank 0.34%, VPB of VPBank 0.98%, TCB of Techcombank 1.02%, ACB of Asia Commercial Bank 1%, SHB of Saigon-Hanoi Bank 2.54%, and EIB of Eximbank 1.27%.
HDB of HDBank and OCB of Oriental Commercial Bank were the only two gainers in this group.
Foreign investors were net buyers on the HoSE to the tune of nearly VND140 billion ($5.95 million). They mainly net purchased HPG, VPB, and VHM.
The HNX-Index on the Hanoi bourse rose 1.62 points to 208.25, while the UpCOM-Index on the unlisted public company market gained 0.45 points to 78.73.
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