HCMC – Vietnam’s benchmark VN-Index added 23.64 points, or 1.42%, to close at 1,688 points on Thursday, backed by strong rises of bank stocks.
The Hochiminh Stock Exchange saw 118 winners and 214 losers. Trading volume dropped 28.6% from the previous session to 1.72 billion shares, while value fell 24.3% to VND51.55 trillion. Block deals accounted for 122 million shares worth VND3.49 trillion.
The VN30-Index surged 46.56 points, or 2.54%, to 1,874.91 points, with only five slight decliners — including DGC, GVR, BCM, PLX and SAB.
Bank stocks were the biggest drivers of the index, with nine of the 10 biggest contributors coming from the sector. SSB, STB, TPB and VIB soared to their ceiling prices, while other lenders rose around 5%. VPB alone contributed more than four points, followed by BID and VCB.
Liquidity was also driven by bank stocks. TPB took the lead by volume with 114.5 million shares transacted, followed by SHB with 85.3 million, MBB with 57.2 million, and VPB with 51.4 million.
Securities stocks declined, with VDS down 1.7%, VCI off 0.5%, and DSC hitting the floor. SSI gained 2.6% to VND37,050, leading the sector with 72.3 million shares traded.
Steel stocks were mostly flat or slightly lower, with HPG unchanged and NKG and HSG edging down around 0.5%.
On the Hanoi Stock Exchange, the HNX-Index inched up 0.66 point, or 0.23%, to 284.39 points. Trading volume reached nearly 151 million shares valued at VND3.43 trillion.
