VN-Index breaks 8-session gaining streak

By Dat Nguyen   July 19, 2023 | 02:32 am PT
VN-Index breaks 8-session gaining 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 0.09% to 1172.98 points Wednesday after eight gaining sessions.

The index closed 1.11 points lower after gaining 0.96 points on Tuesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 5.52% to VND17.69 trillion ($748.29 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 19 tickers dropped.

NVL of property developer Novaland Group and PDR of Phat Dat Real Estate Development both dropped 2.3%.

POW of electricity producer Petrovietnam Power Corporation fell 1.5% and VPB of private lender VPBank closed 1.4% lower.

Eight blue chips gained, led by HDB of HDBank with a 2.4% rise.

Foreign investors were net buyers to the tune of VND226.98 billion, mainly buying VNM of dairy giant Vinamilk and VHM of property giant Vinhomes.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.22% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.06%.

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