HANOI: Vietnam’s benchmark VN Index closed up 0.06 percent on Friday, posting a second consecutive weekly rise, with gains in food and banking shares offseting losses in property stocks.
Dairy products maker Vinamilk, the country’s biggest firm by market value, led the market with a 0.7 percent gain. Four of the country’s six listed lenders also advanced, including Vietcombank, which rose 0.47 percent.
The real estate sector was the worst performer with top property and retail firm Vingroup falling 0.95 percent.
The index, Southeast Asia’s best performer in 2015, has gained a combined 1.3 percent during the week ending Friday, marking a second straight weekly gain but slowing down from the 2.5 percent rise seen last week, Reuters data showed.
Courtesy : BRecorder