Stocks near 4-week low

By Dat Nguyen   February 9, 2023 | 01:55 am PT
Stocks near 4-week 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 0.76% to 1064.03 points Thursday, lowest since January 13.

The index closed 8.19 points lower after gaining 6.38 points on Wednesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 7.87% to VND9.22 trillion ($391.26 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 23 tickers dropped.

VJC of budget airline Vietjet dropped 5.6%, followed by VHM of property giant Vinhomes with a 2.8% fall.

PDR of Phat Dat Real Estate Development lost 2.4% and STB of Ho Chi Minh City-based lender Sacombank fell 2.2%.

Seven blue chips gained, led by PLX of fuel distributor Petrolimex with a 1.9% rise.

GVR of Vietnam Rubber Group rose 1.4% and GAS of state-owned Petrovietnam Gas went up 0.7%.

Foreign investors were net buyers to the tune of VND18.87 billion, mainly buying STB and HPG of steelmaker Hoa Phat Group.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.14% while the UPCoM-Index at the Unlisted Public Companies Market was up by 1.07%.

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