Foreign investors net sell for 7 straight sessions

By Dat Nguyen December 17, 2024 | 01:59 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 0.16% to 1,261.72 points Tuesday, with foreign investors net selling for the seventh session.

The index closed 2.07 points lower after gaining 1.22 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 6% to VND12.09 trillion (US$475 million).

Foreign investors net sold VND669 billion, mainly withdrawing from FPT of IT giant FPT Corporation and MWG of electronics retail chain Mobile World.

The VN-30 basket, comprising the 30 largest capped stocks, saw 25 tickers fell.

FPT of IT giant FPT Corporation fell the steepest with a 1.3% drop.

MWG of electronics retail chain Mobile World declined by 1.1% and VRE of retail real estate arm Vincom Retail closed 0.9% lower.

Five blue chips gained, including VHM of property giant Vinhomes with a 0.9% rise.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.07%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.14%.