Steel products stored at Hoa Phat’s facility in Hai Duong Province. The steelmaker’s shares rose 0.7 per cent on Friday. — VNA/VNS Photo Danh Lam The Vietnamese stock market edged up on Friday as large-cap stocks varied on exchange-traded fund reviews. The benchmark VN-Index on the Ho Chi Minh Stock Exchange rose 0.36 per cent to end at 864.47 points. The VN-Index struggled to post a weekly gain of 1.37 per cent amid increased profit-taking pressure. The minor HNX-Index on the Ha Noi Stock Exchange closed Friday at 109.81 points, up 0.16 per cent from the previous day. The northern market index increased by nearly 2.6 per cent this week. Nearly 375 million shares were traded on the two local exchanges, worth VND5.42 trillion (US$233 million). Market sentiment was quiet on Friday as investors awaited the US-based exchange-traded fund iShares MSCI Frontier 100 ETF to complete its quarterly portfolio review, MB Securities Co (MBS) said in its daily report. The US fund is investing in some large-cap stocks such as property firms Vingroup (VIC), Vinhomes (VHM) and Vincom Retail (VRE), dairy firm Vinamilk (VNM), steelmaker Hoa Phat (HPG), Vietcombank (VCB), consumer goods producer Masan (MSN), aviation business Vietjet (VJC), brewer… Read full this story
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