On Monday, Vietnam’s key VN-Index increased by 1.12%, reaching 1,240.05 points, marking its peak over the last three weeks, coinciding with the launch of the new KRX trading system.
The recently launched system, developed jointly with the Korea Exchange, commenced operations following over a decade of development. This introduced alterations to the prioritization of various order categories, guidelines for modifying and canceling orders, as well as adjustments to the trading times for limited stocks.
The key index finished 13.75 points up following a decline of 0.5 points in the prior session.
Trading on the Ho Chi Minh Stock Exchange dropped by 7.6%, reaching VND14.352 trillion (US$552.9 million).
The VN-30 index, which includes the 30 biggest capitalized stocks, witnessed gains for 19 securities.
The VRE, which is part of the retail real estate division Vincom Retail, increased by 5.29%. The GVR from the Vietnam Rubber Group climbed by 4.85%, and BCM from Becamex Investment and Industrial Development finished 4.55% higher.
Seven blue chips declined. The stock LPB from Fortune Vietnam Bank decreased by 1.23%, VNM from dairy company Vinamilk reduced by 1.22%, and HDB from HDBank went down by 1.17%.
Foreign investors were net buyers totaling VND126 billion, primarily purchasing shares in VRE and MSN from the Masan Group conglomerate.
The HNX-Index, which tracks mid and small cap stocks on the Hanoi Stock Exchange, increased by 1.24%, whereas the UPCoM-Index for the Unlisted Public Companies Market decreased by 0.05%.
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