Foreign investors net buy after 5 weeks selling

By Dat Nguyen July 11, 2024 | 01:55 am PT

An investor looks at stock prices on a smartphone at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran

Vietnam's benchmark VN-Index fell 0.17% to 1,283.80 points Thursday with foreign investors net buying for the first time since June 6.

The index closed 2.14 points lower after dropping 2.91 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 30% to VND18.52 trillion ($728 million).

Foreign investors net bought VND6 billion, with a focus on HDB of HDBank and STB of Ho Chi Minh City-based lender Sacombank.

The VN-30 basket, comprising the 30 largest capped stocks, saw 22 tickers fell.

TCB of the largest private lender Techcombank dropped 1.5%, followed by MSN of conglomerate Masan Group, down 1.3%.

BVH of insurance company Bao Viet Holdings declined by 1.1% and BCM of Becamex Investment and Industrial Development closed 0.9% lower.

Eight blue chips gained, led by HDB of HDBank with a 1.4% increase. SSI of leading brokerage SSI Securities Corporation closed 1.3% higher.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.35%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.38%.