VN-Index edges lower

By Minh Hieu February 28, 2025 | 01:55 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 0.19% to 1,305.36 points Friday.

The index closed 2.44 points lower after gaining 4.84 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 0.4% to VND18.661 trillion (US$730.2 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 18 tickers declined, with BVH of insurance company Bao Viet Holdings seeing the biggest drop of 2.1%.

LPB of Fortune Vietnam Bank fell 1.63%, and HPG of steelmaker Hoa Phat Group was down 1.58%.

Seven blue chips gained. GVR of Vietnam Rubber Group rose 2.1%, PLX of fuel distributor Petrolimex went up 1.4%, and VRE of retail real estate arm Vincom Retail closed 1.2% higher.

Foreign investors were net seller to the tune of VND985 billion, mainly selling FPT of IT giant FPT Corporation and VNM of dairy giant Vinamilk.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.08%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.27%.