Monday , July 15 2024

VN-Index slips from near four-month peak

Vietnam’s benchmark VN-Index fell 0.14% to 1,158.59 points Tuesday after hitting a 15-week high Monday.

The index closed 1.60 points lower after gaining 5.51 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 4% to VND18.44 trillion ($757.13 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 23 tickers fell.

PLX of fuel distributor Petrolimex dropped 1.8%, followed by VRE of retail real estate arm Vincom Retail with a 1.5% decline.

ACB of Asia Commercial Bank lost 1.4% and BCM of Becamex Investment and Industrial Development closed 1.2% lower.

Seven blue chips gained, led by CTG of state-owned lender VietinBank with a 1.5% rise.

Foreign investors were net sellers to the tune of VND117 billion.

They mainly net bought HPG of steelmaker Hoa Phat Group and VCB of state-owned lender Vietcombank.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.35%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.06%.

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