VN-Index Marks Third Consecutive Session of Gains

The Vietnamese stock market witnessed a notable upswing as the VN-Index closed 4.23 points higher, building on a 7.83-point gain from the previous session. This marks the third consecutive session of gains, signaling a robust period for investors.

Trading Volume Sees Significant Increase

Trading activity on the Ho Chi Minh Stock Exchange surged by 10%, reaching a total of VND22.775 trillion (US$892.2 million). This increase underscores the growing interest and confidence in Vietnam's stock market.

Performance of the VN-30 Basket

Within the VN-30 basket, which includes the 30 largest capped stocks, 16 tickers experienced gains. Leading the charge was BCM of Becamex Investment and Industrial Development with a 6.9% jump, closely followed by VIC of Vingroup and VCB of Vietcombank, which saw increases of 4.4% and 1.8%, respectively.

Foreign Investors' Activity

Despite the overall positive trend, foreign investors were net sellers, offloading stocks worth VND577 billion, with significant sales in FPT and SSI.

Other Indices Show Mixed Results

The HNX-Index for the Hanoi Stock Exchange and the UPCoM-Index for unlisted public companies also saw modest increases, indicating a varied but generally positive market sentiment across different sectors.