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VN-Index gains 5 sessions in a row

Vietnam’s benchmark VN-Index rose 0.11% to 1109.54 points Wednesday in its fifth straight session in the green.

VN-Index gains 5 sessions in a row

The index closed 1.23 points higher after gaining 10.49 points on Tuesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 15.6% to VND18.08 trillion ($769.85 million), one of the highest trading values recorded since the end of January.

The VN-30 basket, comprising the 30 largest capped stocks, saw 11 tickers gain.

NVL of property developer Novaland Group led with a 7% surge, followed by PDR of Phat Dat Real Estate Development, up 6.7%.

HPG of steelmaker Hoa Phat Group closed 3.9% higher and MSN of conglomerate Masan Group went up 2.6%.

Sixteen blue chips fell.

VCB of state-owned lender Vietcombank dropped 2% and GVR of Vietnam Rubber Group closed 1.1% lower.

Foreign investors were net sellers to the tune of VND163.29 billion, mainly selling VNM of dairy giant Vinamilk.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.7% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.15%.

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