VN-Index declines

By Dat Nguyen August 3, 2023 | 01:25 am PT

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 0.78% to 1,210.95 points Thursday.

The index closed 9.48 points lower after gaining 2.87 points on Wednesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 12.73% to VND21.60 trillion ($909.12 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 22 tickers dropped.

VHM of property giant Vinhomes fell 2.9%, followed by HPG of steelmaker Hoa Phat Group and TPB of private TPBank, both with a 2.4% drop.

PLX of fuel distributor Petrolimex closed 2.1% lower.

Seven blue chips gained, led by MWG of electronics retail chain Mobile World, up 1.9%.

Foreign investors were net sellers to the tune of VND69.43 billion, mainly selling HPG and VND of brokerage VNDirect.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 0.64% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.15%.