Thursday , May 2 2024

Stocks fall marginally


Vietnam’s benchmark VN-Index fell 0.44% to 1,121.49 points Thursday.

The index closed 4.94 points lower after gaining 10.46 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 52% to VND27.45 trillion ($101 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 14 tickers fell.

GVR of Vietnam Rubber Group dropped 2.9%, followed by GAS of state-owned Petrovietnam Gas, down 2.4%.

SSI of leading brokerage SSI Securities Corporation declined by 2.2% and PLX of fuel distributor Petrolimex closed 2.1% lower.

Thirteen blue chips gained, led by MSN of conglomerate Masan Group, up 2.3%.

Foreign investors were net sellers to the tune of VND816 billion, mainly selling VHM of property giant Vinhomes and HPG of steelmaker Hoa Phat Group.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.77%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.79%.

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