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VN-Index hits 10-month high

by VTV427 July 2023 Last updated at 14:00 PM

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VN-Index hits 10-month high
VTV.vn - On Wednesday, the benchmark VN-Index continued to rise for the fourth consecutive trading session, surpassing 1,200 points, the highest level in 10 months.

The bullish trend was largely driven by growth in the market capitalisation of many large stocks in the steel and real estate sectors. The market's liquidity reached approximately 21 trillion VND (about 887 million USD).

Furthermore, the number of investors borrowing capital from securities companies to trade shares has increased by 20% since the beginning of the year.

However, in the Thursday morning session, the index dropped the 1,200-point mark as most shares were dipped in red.