VN-Index rises to 7-week high

Vietnam’s benchmark VN-Index rose 1.05% to 1074.98 points, the highest in seven weeks on May 29.
Illustrative image (Photo: VNA)
Illustrative image (Photo: VNA)

The index closed 11.22 points higher, after losing 0.87 points on Friday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 26.6% to VND13.79 trillion ($587.58 million).

Foreign investors were net buyers to the tune of VND125.43 billion, mainly buying KBC of industrial real estate developer Kinh Bac City and STB of Ho Chi Minh City-based lender Sacombank.

The HNX-Index at the Hanoi Stock Exchange, where mid and small-caps list, was up 1.23%, while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.68%.

NDO