VN-Index ends 4-session gaining streak

By Dat Nguyen   August 5, 2022 | 12:25 am PT
VN-Index ends 4-session gaining streak
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 0.11 percent to 1,252.74 points Friday after four sessions in the green.

The index closed 1.4 points lower after gaining 4 points on Thursday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 8 percent to VND15.56 trillion ($665 million).

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

MSN of conglomerate Masan Group lost 3.2 percent and VJC of budget airline Vietjet fell 2.1 percent.

Other losers included VHM of real estate giant Vinhomes, down 1.9 percent, and HPG of steelmaker Hoa Phat Group, down 1.5 percent.

Eight blue chips gained, led by SSI of leading brokerage SSI Securities Corporation with a 5.3 percent rise.

NVL of real estate developer Novaland Group rose 3.1 percent while POW of electricity producer Petrovietnam Power Corporation went up 2.9 percent.

Foreign investors were net sellers to the tune of VND291.27 billion ($12.45 million), mainly selling HPG.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.73 percent while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.51 percent.

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