Vietnam’s benchmark VN Index ended up 0.3 per cent on Thursday, supported by banking and energy stocks as cautious investors bet on positive results of lenders, while global oil prices advanced.
Hanoi-based Vietcombank, Vietnam’s largest listed bank by market value, ended up 2.98 per cent, followed by Sacombank with a 1.12 per cent gain and Military Bank that edged up 0.74 per cent.
PetroVietnam Gas, the country’s largest listed firm by market value, increased 0.72 per cent as Brent crude marked an intra-day high of $51.91 a barrel and was at $51.03 at 0829 GMT.
Investors were still cautious, with just 77.87 million shares changing hands, far below the five-day average level of 103.98 million shares, based on Reuters data.