VN-Index loses 4 points

By Dat Nguyen   October 26, 2022 | 12:44 am PT
VN-Index loses 4 points
An investor looks at stock prices on laptop at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam’s benchmark VN-Index dropped 0.44% to 993.36 points Wednesday.

The index closed 4.34 points lower after gaining 11.55 points on Tuesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 36% to VND8.05 trillion ($323.85 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 15 tickers dropped.

VRE of retail real estate arm Vincom Retail lost 3.5% and PDR of Phat Dat Real Estate Development fell 2.6%.

VHM of property giant Vinhomes decreased by 2.5%, and VIC of biggest private conglomerate Vingroup dropped 2.3%.

Other losers included SSI of leading brokerage SSI Securities Corporation, HPG of steelmaker Hoa Phat Group and VIB of Vietnam International Commercial Bank.

Thirteen blue chips gained, led by MSN of conglomerate Masan Group with a 4% rise.

KDH of real estate firm Khang Dien House and BVH of insurance company Bao Viet Holdings went up 3.3% and 2.4% respectively.

Foreign investors were net sellers to the tune of VND57 billion, mainly selling VHM and CTG of state-owned lender VietinBank.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 1% while the UPCoM-Index at the Unlisted Public Companies Market fell 0.52%.

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