Vietnam stock market remains attractive to foreign investors

Illustration. (Photo: doanhnghiephoinhap.vn)

Hanoi (VNA) – Foreign investors net purchased 14.8 million stocks, worth some 80 billion VND (3,42 million USD) during the week from August 8 – 12, showing that the Vietnamese securities market remained attractive to them. 

The benchmark VN-Index on the Ho Chi MinhStock Exchange (HOSE) has risen for the fifth week straight on the back of oil,steel and electricity securities, after hitting a bottom of around 1,140 pointsin early July.

It ended the week at 1,262.33 points, 9.59 points higher than the previous week, gradually approaching the next resistance zone of 1260–1285 points.

On the Hanoi Stock Exchange (HNX), the HNX-Index picked up3.52 points to settle at 303.42 points on August 12. UPCoM-Index also inched up1.52 points to 92.84 points./.

VNA