Friday , February 23 2024

VN-Index closes third day in red

Vietnam’s benchmark VN-Index fell 0.71% to 1,102.30 points Friday, its third consecutive session faling.

The index closed 7.83 points lower after dropping 4.07 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 8% to VND15.89 trillion ($655.12 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 20 tickers fell.

MSN of conglomerate Masan Group dropped 3.1%, followed by BCM of Becamex Investment and Industrial Development with a 2.7% decline.

VCB of state-owned lender Vietcombank fell 2.6% and VJC of budget airline Vietjet closed 2.2% lower.

Five blue chips gained, led by ACB of Asia Commercial Bank with a 1.1% increase.

Foreign investors were net sellers to the tune of VND1.47 trillion, mainly selling HPG of steelmaker Hoa Phat Group and MWG of electronics retail chain Mobile World.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.09%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.21%.

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