VN-Index ends 4-session gaining streak

By Dat Nguyen February 21, 2023 | 02:05 am PT

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 0.41% to 1,082.23 points Tuesday after four consecutive sessions in the green.

The index closed 4.46 points lower after gaining 27.38 points on Monday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 1.31% to VND11.86 trillion ($500 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 18 tickers dropped.

VPB of private lender VPBank dropped 2.7%, while BID of state-owned lender BIDV and CTG of state-owned lender VietinBank both dropped 2%.

MBB of lender MB went down 1.6%.

Nine blue chips rose, led by NVL of property developer Novaland Group with a 3.2% rise.

PLX of fuel distributor Petrolimex gained 3% and HDB of HDBank went up 1.1%.

Foreign investors were net sellers to the tune of VND72.15 billion, mainly selling DXG of real estate developer Dat Xanh Group and DPM of Petrovietnam Fertilizer & Chemicals Corporation.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 0.81% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.82%.