Stock market: VN-Index rises 1.01 percent as foreign investors return to net buying

Vietnam’s stock market gained strongly on 16 July, with the VN-Index closing up over 14 points as foreign investors returned to net buying, led by heavy activity in banks and real estate stocks, according to the latest data from the Ho Chi Minh City Stock Exchangeview source.

Key data points:

  • VN-Index closed at 1,475.47, up 14.82 points or 1.01 percent; trading value reached VND 32.86 trillion or US$1.26 billion.
  • VN30 rose 1.29 percent to 1,614.42; mid-cap and small-cap indexes also posted gains of nearly 1 percent.
  • Real estate sector index (VNREAL) led with a 2.42 percent rise; materials (VNMAT) up 1.45 percent; financials (VNFIN) up 0.89 percent.
  • Trading volume totalled 1.42 billion shares, with matched orders at 1.28 billion shares worth VND 27.64 trillion or US$1.06 billion.
  • Foreign investors net bought 37.4 million shares, net value VND 236 billion or US$9.08 million.
  • Top foreign buys by value: VCB (VND 6.72 trillion or US$258.46 million), NLG, VPB, HDB, VHM.
  • VIX topped trading volume with 93 million shares; top gainers included GEE (+6.99 percent), FCN (+6.99 percent), ST8 (+6.95 percent).
  • Top losers included GMH (-4.88 percent) and NVT (-3.64 percent).

See also: Explainer: What’s Driving Vietnam’s Stock Market Rally?

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