Wednesday , June 7 2023

VN-Index ends 3rd session in red

Vietnam’s benchmark VN-Index dropped 0.41 percent to 1065.35 points Monday in its third straight losing session.

The index closed 4.36 points lower after losing 1.2 points on Friday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 39.64% to VND15.06 trillion ($642.33 million).

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

HPG of steelmaker Hoa Phat Group fell 2.4% and PDR of Phat Dat Real Estate Development lost 2.2%.

BID of state-owned lender BIDV closed 2.1% lower and VHM of property giant Vinhomes lost 1.8%.

Five blue chips gained, led by MWG of electronics retail chain Mobile World with a 5.1% gain.

POW of electricity producer Petrovietnam Power Corporation rose 2.3%, and TCB of the largest private lender Techcombank went up 2.2%.

Foreign investors were net sellers to the tune of VND305.36 billion, mainly HPG of steelmaker Hoa Phat Group and STB of Ho Chi Minh City-based lender Sacombank.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.19% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.22%.

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