VN-Index declines

By Dat Nguyen   June 11, 2024 | 02:51 am PT
VN-Index declines
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 0.49% to 1,284.41 points Tuesday.

The index closed 6.26 points lower after gaining 3.09 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 18% to VND25.42 trillion ($999 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 21 tickers fell.

VJC of budget airline Vietjet fell 2.9% and VHM of property giant Vinhomes closed 1.9% lower.

VRE of retail real estate arm Vincom Retail lost 1.8% and GVR of Vietnam Rubber Group declined by 1.7%.

Eight blue chips gained, led by POW of electricity producer Petrovietnam Power Corporation with a 3.7%, and PLX of fuel distributor Petrolimex, up 3%.

Foreign investors were net sellers to the tune of VND1.8 trillion, mainly selling FPT of IT giant FPT Corporation and VHM of property giant Vinhomes.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.34%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.61%.

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