VN-Index continues to dip

By Dat Nguyen   October 30, 2023 | 01:45 am PT
VN-Index continues to dip
An investor seen in front of screens at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam's benchmark VN-Index fell 1.72% to 1,042.40 points on Monsay, lowest since early May.

The index closed 18.22 points lower after gaining 5.17 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 26% to VND10.128 trillion ($412.29 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 25 tickers fell.

GVR of Vietnam Rubber Group dropped 6.7%, followed by SSI of leading brokerage SSI Securities Corporation, down 6.6%.

STB of Ho Chi Minh City-based lender Sacombank closed 5.9% lower and TCB of the largest private lender Techcombank fell 4.9%.

Four blue chips gained, led by VCB of state-owned lender Vietcombank, up 1.1%.

Foreign investors were net sellers to the tune of VND88 billion, mainly selling VHM of property giant Vinhomes and TCB of the largest private lender Techcombank.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 3.07% while the UPCoM-Index for the Unlisted Public Companies Market dropped 0.99%.

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