VN-Index tiptoes down as global shares inches down

The index closed 1.45 points lower after dropping 13.32 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 17% to VND15.556 trillion (US$612.1 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 14 tickers fell.

PLX of fuel distributor Petrolimex slipped 1.8%, MWG of electronics retail chain Mobile World went down 1.7%, and VJC of budget airline Vietjet closed 1.5% lower.

Twelve blue chips gained. TPB of private TPBank went up 2.6%, SSI of brokerage SSI Securities Corporation rose by 1.5%, and VHM of property giant Vinhomes saw a 1.4% increase.

Foreign investors were net seller to the tune of VND1.45 trillion, mainly selling MWG and SSI.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.12%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.33%.

Global shares were mostly lower on Monday, with investors waiting for Nvidia's earnings release later in the week, Reuters reported.

MSCI's broadest gauge of world stocks was down 0.1%, while the pan-European STOXX 600 was off 0.2%. Major indexes in Frankfurt, London and Paris were down 0.1% to up 0.2%.

In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.2%. Japan's Nikkei 225 fell 1.1%, dragged down by a decline in technology shares.