Sunday , May 28 2023

All blue chips close in red

Vietnam’s benchmark VN-Index dropped 2.58% to 1054.28 points Wednesday, lowest in a week.

The index closed 27.95 points lower after losing 4.46 points on Tuesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 7.40% to VND12.74 trillion ($535.58 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw all tickers dropped.

NVL of property developer Novaland Group hit the floor with a 6.6% decline.

PDR of Phat Dat Real Estate Development fell 6%, and PLX of fuel distributor Petrolimex lost 5.9%.

VHM of property giant Vinhomes dropped 5.8% and SSI of leading brokerage SSI Securities Corporation went 5.6% lower.

Foreign investors were net sellers to the tune of VND364.15 billion, mainly selling VIC of private conglomerate Vingroup and VHM.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 1.92% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.93%.

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