VN-Index starts week in red

The index closed 10.14 points lower after dropping 9.66 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 14% to VND21.115 trillion (US$833.4 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 12 tickers gained.

MSN of conglomerate Masan Group closed 1.7% higher, HDB of HDBank increased by 1.4%, and POW of electricity producer Petrovietnam Power Corporation went up 1.1%.

Fifteen blue chips fell. GVR of Vietnam Rubber Group saw the biggest drop of 5.1%, followed by BVH of insurance company Bao Viet Holdings with a 2.2% decline and FPT of IT giant FPT Corporation, down 1.5%.

Foreign investors were net buyers to the tune of VND440 billion, mainly buying SBT of sugar producer Thanh Thanh Cong – Bien Hoa Jsc and FPT of FPT Corporation.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.89%, while the UPCoM-Index for the Unlisted Public Companies Market went down 1.18%.