VN-Index tiptoes up after plunge
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Vietnam’s benchmark VN-Index rose 0.15% to 1,179.76 points Monday.
The index closed 1.77 points higher after losing 55.49 points on Friday.
Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 38.49% to VND22.17 trillion ($930.73 million).
CTG of state-owned lender VietinBank led with a 4.2% rise, followed by BID of state-owned lender BIDV, up 3.2%.
TPB of private TPBank went up 2.2% and BCM of Becamex Investment and Industrial Development closed 2.1% higher.
SSB of Southeast Asia Commercial Bank (SeABank) lost 3.1%, and GVR of Vietnam Rubber Group was down 2.8%.
Foreign investors were net buyers to VND82.45 billion, mainly buying VIC of private conglomerate Vingroup and CTG of state-owned lender VietinBank.
The HNX-Index at the Hanoi Stock Exchange, where mid and small-caps list, was up 0.85% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.26%.
Questions & Answers
Q.What was the overall performance of the VN-Index on Monday?
What was the overall performance of the VN-Index on Monday?
The VN-Index increased by 0.15% to reach 1,179.76 points. This gain of 1.77 points followed a significant loss of 55.49 points on the preceding Friday.
Q.Which specific stocks performed well on the Ho Chi Minh Stock Exchange?
Which specific stocks performed well on the Ho Chi Minh Stock Exchange?
CTG of VietinBank rose by 4.2%, while BID of BIDV was up 3.2%. TPB of TPBank increased by 2.2%, and BCM of Becamex Investment and Industrial Development closed 2.1% higher.
Q.How much trading volume was recorded on the Ho Chi Minh Stock Exchange?
How much trading volume was recorded on the Ho Chi Minh Stock Exchange?
Trading volume on the Ho Chi Minh Stock Exchange decreased by 38.49%. The total value of shares traded amounted to VND22.17 trillion, which is equivalent to $930.73 million.
Q.Were foreign investors active in the market, and if so, what were their key interests?
Were foreign investors active in the market, and if so, what were their key interests?
Foreign investors were net buyers on Monday, accumulating VND82.45 billion. Their primary purchases included VIC from Vingroup and CTG from state-owned lender VietinBank.