Market

VN-Index Continues Its Upward Trend: A Three-Session Gaining Streak Sparks Investor Interest

Market Overview

The VN-Index has marked its third consecutive session of gains, closing 18.98 points higher after an impressive 54.12 points increase in the previous session. This sustained upward movement highlights a growing optimism among investors.

Trading Volume and Key Performers

Trading volume on the Ho Chi Minh Stock Exchange saw a significant 37% decrease, settling at VND24.221 trillion (approximately US$937.8 million). The VN-30 basket, which includes the 30 largest capped stocks, witnessed 16 tickers in the green. Notably, MWG (Mobile World), VHM (Vinhomes), and VIC (Vingroup) soared to their ceiling prices, showcasing strong performance.

Decliners and Foreign Investment

Despite the overall positive trend, 11 blue chips experienced declines. SSB (SeABank) dropped by 4.3%, PLX (Petrolimex) fell 1.4%, and TPB (TPBank) closed 1.1% lower. Foreign investors were net sellers, offloading VND125 billion worth of stocks, with significant sales in FPT (FPT Corporation) and VHM.

Other Indices Performance

The HNX-Index for mid and small caps on the Hanoi Stock Exchange rose by 0.78%, while the UPCoM-Index for unlisted public companies decreased by 1.55%, indicating a mixed sentiment across different market segments.