Stocks break 4-session gaining streak

By Minh Hieu May 16, 2025 | 04:23 am PT

Stock investors seen at a brokerage in Ho Chi Minh City. Photo by VnExpress/An Khuong

Vietnam's benchmark VN-Index fell 0.9% to 1,301.39 points Friday after rising in the last four sessions.

The index closed 11.81 points lower after gaining 3.5 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 19.8% to VND20.7 trillion (US$798.6 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 24 tickers fell.

FPT of tech giant FPT Corporation slid 3.2%, BVH of insurance company Bao Viet Holdings went down 2.72%, and VPB of private lender VPBank dropped 2.7%

Four blue chips gained. VRE of retail real estate arm Vincom Retail rose 1.45%, PLX of fuel distributor Petrolimex closed 0.56% higher.

SAB of brewer Sabeco saw a 0.4% growth and VIC of private conglomerate Vingroup was up 0.25%.

Foreign investors were net seller to the tune of VND957 billion, mainly selling VCB of state-owned lender Vietcombank and FPT.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.98%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.04%.