VN-Index steadies after plunge

The index closed 0.62 points lower after losing 27.95 points on Wednesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 5.14 percent to VND12.08 trillion ($507.03 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 11 tickers lose.

VRE of retail real estate arm Vincom Retail lost 5.7% while MSN of conglomerate Masan Group dropped 3.7%.

VJC of budget airline Vietjet fell 2.6% and HDB of HDBank went down 2.4%.

Seventeen blue chips gained, led by VIB of Vietnam International Commercial Bank with a 2.4% rise.

ACB of Asia Commercial Bank gained 2.2% and SSI of leading brokerage SSI Securities Corporation climbed up 2.1%.

Foreign investors were net sellers to the tune of VND680.64 billion, mainly selling VHM of property giant Vinhomes and VRE.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 0.31% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.06%.