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Stock trade hits 10-session low

By Dat Nguyen   June 3, 2022 | 01:25 am PT
Stock trade hits 10-session low
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 dropped 0.05 percent to 1287.98 points Friday with trade value lowest in 10 sessions.

The index closed 0.64 points lower after losing nearly 11 points Thursday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 22 percent to VND12.91 trillion ($556.71 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 17 tickers dropped.

GVR of Vietnam Rubber Group fell 3.1 percent, continued to go sideways.

HDB of HDBank dropped 2.3 percent to near one-week low.

Other losers included STB of Ho Chi Minh City-based lender Sacombank and VCB of state-owned lender Vietcombank, both were down 1.9 percent, down

Ten blue chips bucked the trend, led by GAS of state-owned Petrovietnam Gas, (4.5 percent), MWG of electronics retail chain Mobile World (3.7 percent) and FPT of IT giant FPT Corporation (2.2 percent).

Foreign investors were net sellers to the tune of VND183 billion, mainly buying CTD of Coteccons Construction.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.41 percent, while the UPCoM-Index for the Unlisted Public Companies Market dropped 0.16 percent.

 
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