Stocks end second session in red

By Minh Hieu March 19, 2025 | 04:57 am PT

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

Vietnam's benchmark VN-Index fell 0.48% to 1,324.63 points Wednesday for the second day in a row.

The index closed 6.34 points lower after dropping 5.29 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 19% to VND23.455 trillion (US$918.2 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 20 tickers declined.

FPT of tech giant FPT Corporation fell 4.2%, MWG of electronics retail chain Mobile World slipped 3.7%, and VPB of private lender VPBank saw a 1.8% drop.

Eight blue chips gained. GVR of Vietnam Rubber Group was up 4.2%, LPB of Fortune Vietnam Bank rose 1.6%, and VIC of private conglomerate Vingroup closed 1.2% higher.

Foreign investors were net seller to the tune of VND1.4 trillion, mainly selling FPT and MWG.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.71%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.96%.