VN-Index breaks 4-session gaining streak

By Minh Hieu May 9, 2025 | 03:51 am PT

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

Vietnam's benchmark VN-Index fell 0.2% to 1,267.3 points Friday after rising in the previous four sessions.

The index closed 2.5 points lower after gaining 19.4 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange fell 9.42% to VND17.31 trillion (US$661.2 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 15 tickers dropped.

VIC of private conglomerate Vingroup lost 2.55%, PLX of fuel distributor Petrolimex went down 1.54%, and BVH of insurance company Bao Viet Holdings saw a 1.43% decline.

Eight blue chips gained. LPB of Fortune Vietnam Bank was up 4.39%, FPT of tech giant FPT Corporation rose 1.49%, and SAB of brewer Sabeco closed 0.93% higher.

Foreign investors were net sller to the tune of VND88 billion, mainly selling VCB of state-owned lender Vietcombank and VHM of property giant Vinhomes.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, slipped by 0.74%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.45%.