Stocks break 4-session losing streak

Vietnam's benchmark VN-Index rose 1.31% to 1,190.22 points Monday after declining in the last four sessions. The index closed 15.37 points higher after dropping 18.16 points last Friday. Trading on the Ho Chi Minh Stock Exchange decreased by 33% to VND15.965 trillion (US$627.2 billion).

The VN-30 basket, comprising the 30 largest capped stocks, saw 23 tickers gained.

SSI of brokerage SSI Securities went up 5.7%, TPB of private lender TPBank increased by 5.4%, VRE of retail real estate arm Vincom Retail closed 5.2% higher.

Seven bluechips fell. VIC of private conglomerate Vingroup fell 1.4%, MBB of lender MB Bank went down 0.4%, VNM of dairy giant Vinamilk slid 0.3%.

Foreign investors were net seller to the tune of VND242 billion, mainly selling FUEVFVND of exchange-traded fund DCVFMVN DIAMOND and MWG of electronics retail chain Mobile World.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 2.04%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.99%.