VN-Index breaks 3-session rising streak

By Dat Nguyen   May 11, 2023 | 01:05 am PT
VN-Index breaks 3-session rising streak
An investor points at stock prices on a screen at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam’s benchmark VN-Index dropped 0.11% to 1,057.12 points Thursday, ending a streak of three gains.

The index closed 1.14 points lower after gaining 4.49 points on Wednesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 3.34% to VND11.53 trillion ($491.29 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 16 tickers gain.

GAS of state-owned Petrovietnam Gas and VCB of state-owned lender Vietcombank both lost 1.1%.

GVR of Vietnam Rubber Group fell 0.9%, followed by MWG of electronics retail chain Mobile World with a 0.8% decline.

Ten blue chips gained, led by NVL of property developer Novaland Group with a 3.8% rise.

PDR of Phat Dat Real Estate Development closed 1.5% higher and VPB of private lender VPBank went up 1.3%.

Foreign investors were net buyers to the tune of VND122.67 billion, mainly buying VND of brokerage VNDirect and SSI of leading brokerage SSI Securities Corporation.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.24% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.37%.

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