Stocks break 4-session gaining streak

By Dat Nguyen   November 7, 2023 | 01:02 am PT
Stocks break 4-session gaining streak
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 0.86% to 1,080.29 points Tuesday.

The index closed 9.37 points lower after gaining 12.88 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 11% to VND12.59 trillion ($517.26 million).

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

SSB of SeABank dropped 3.6%, followed by VRE of retail real estate arm Vincom Retail, down 3.5%.

MSN of conglomerate Masan Group closed 3.1% lower and VHM of property giant Vinhomes declined 2.4%.

MWG of electronics retail chain Mobile World bucked the trend with a 0.4% rise, and HPG of steelmaker Hoa Phat Group went up 0.2%.

Foreign investors were net sellers to the tune of VND264 billion, mainly selling MWG and VRE of retail real estate arm Vincom Retail.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.59%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.52%.

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