VN-Index closes week in red

By Dat Nguyen   September 23, 2022 | 01:35 am PT
VN-Index closes week in red
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 0.94% to 1,203.28 points Friday, continuing to fall after a steep plunge earlier this week.

The index closed 11.4 points lower after gaining 4.2 points on Thursday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 3.2% to VND11.29 trillion ($476.23 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 27 tickers dropped.

VCB of state-owned lender Vietcombank dropped 2.7% to the lowest in nearly two months.

STB of Ho Chi Minh City-based lender Sacombank fell 2.3% to a three-month low.

Other losers included SSI of leading brokerage SSI Securities Corporation, down 2.1%, and VJC of budget airline Vietjet, down 1.9%.

Only two blue chips gained: BVH of insurance company Bao Viet Holdings, up 5.8%, and GAS of state-owned Petrovietnam Gas, up 1.4%.

Foreign investors were net sellers to the tune of VND330.98 billion.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 0.45% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.05%.

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