VN-Index declines marginally

By Dat Nguyen   May 5, 2023 | 01:21 am PT
VN-Index declines marginally
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 dropped 0.03% to 1040.31 points Friday.

The index closed 0.3 points lower after losing 8.51 points on Thursday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 11.37% to VND9.30 trillion ($396.60 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 20 tickers fall.

PDR of Phat Dat Real Estate Development dropped 1.5%, followed by CTG of state-owned lender VietinBank and SSI of leading brokerage SSI Securities Corporation, both with a 1.4% decline.

GVR of Vietnam Rubber Group lost 1.3%, and TCB of the largest private lender Techcombank fell 1.2%.

Nine blue chips gained.

MSN of conglomerate Masan Group rose 3.4%, followed by VCB of state-owned lender Vietcombank with a 1.5%.

Foreign investors were net sellers to the tune of VND175.83 billion, mainly selling STB of Ho Chi Minh City-based lender Sacombank and CTG of state-owned lender VietinBank.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 0.17% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.38%.

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