Foreign stock investors net sell three straight sessions

By Dat Nguyen   June 1, 2023 | 01:32 am PT
Foreign stock investors net sell three straight sessions
An investor looks at stock prices on the screens at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam’s benchmark VN-Index rose 0.3% to 1,078.39 points Thursday, with foreign investors net selling three sessions in a row.

The index closed 3.22 points higher after losing 2.88 points on Wednesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 12.37% to VND13.86 trillion ($590.13 million).

Foreign investors were net sellers for the third straight session to the tune of VND116.06 billion, mainly selling VNM of dairy giant Vinamilk and HAH of Hai An Transport and Stevedoring.

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

TPB of private TPBank rose 4.6%, followed by GVR of Vietnam Rubber Group with a 3.3% increase.

NVL of property developer Novaland Group went up 3% and PDR of Phat Dat Real Estate Development closed 2.1% higher.

Eleven blue chips fell, including GAS of state-owned Petrovietnam Gas with a 0.9% decline.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.52% while the UPCoM-Index at the Unlisted Public Companies Market was up by 1.78%.

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