VN-Index plunges

The index lost nearly 45 points after rising 13.7 points Monday.

Trading value surged 11.8% to VND23.45 trillion ($977.08 million).

The VN30 basket, comprising the 30 largest capped stocks, saw all tickers falling.

Nine blue chips hit floor price, including HPG of steelmaker Hoa Phat Group, NVL of real estate developer Novaland Group and STB of Ho Chi Minh City-based lender Sacombank.

Some major decliners were TCB of the largest private lender Techcombank and TPB of private TPBank, both down 6.7.

SSI of leading brokerage SSI Securities Corporation fell 6%, while VCB of state-owned lender Vietcombank lost 5.9%.

Foreign investors were net buyers for the 12th straight session to the tune of VND784 billion, mainly buying SSI and VHM of property giant Vinhomes.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, dropped 3.26% while the UPCoM-Index for the Unlisted Public Companies Market fell 3.03%.