Most blue chips close in red

By Dat Nguyen March 14, 2024 | 01:34 am PT

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 fell 0.49% to 1,264.26 points Thursday with nearly all blue chips declining.

The index closed 6.25 points lower after gaining 25.51 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 6% to VND27.96 trillion ($1.13 billion).

The VN-30 basket, comprising the 30 largest capped stocks, saw 26 tickers fell.

MWG of electronics retail chain Mobile World dropped 2.7%, followed by MSN of conglomerate Masan Group with a 2.5% decline.

CTG of state-owned lender VietinBank fell 2% and BCM of Becamex Investment and Industrial Development declined by 1.9%.

Four blue chips gained. GAS of state-owned Petrovietnam Gas rose 2.5% and VIC of private conglomerate Vingroup increased by 2.1%.

Foreign investors were net sellers to the tune of VND912 billion, mainly selling VHM of property giant Vinhomes and VNM of dairy giant Vinamilk.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.62%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.10%.