Sunday , June 4 2023

VN-Index goes flat with subsided trade

VN-Index dropped 0.15% to 1,041.36 points Monday with trade value remaining insignificant.

The index lost 1.55 points after closing 6.34 points lower in the last session.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell 5.6% to VND9.13 trillion ($388.83 million).

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

MSN of conglomerate Masan Group lost 4.1%, followed by GAS of state-owned Petrovietnam Gas with a 2.4% fall.

MWG of electronics retail chain Mobile World fell 2.3% and BID of state-owned lender BIDV closed 1.1% lower.

Fourteen blue chips rose, led by NVL of property developer Novaland Group with a 3.3% rise.

TCB of the largest private lender Techcombank gained 2.8% and POW of electricity producer Petrovietnam Power Corporation rose 1.6%.

Foreign investors were net buyers to the tune of VND259 billion, mainly buying Vietnam Maritime Commercial Joint Stock Bank (MSB) and HPG of steelmaker Hoa Phat Group.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 0.08% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.12%.

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