VN-Index declines marginally

By Dat Nguyen   September 8, 2023 | 12:45 am PT
VN-Index declines marginally
An investor looks at stock prices on a smartphone at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam's benchmark VN-Index fell 0.13% to 1,241.48 points Friday.

It dropped 1.66 points after losing 2.36 points Thursday.

Trading on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, gained 6.3% to VND26.34 trillion ($1.09 billion).

The VN30 basket, comprising the 30 largest capped stocks, saw 17 tickers fell.

VIC of private conglomerate Vingroup dropped 2.8%, followed by VRE of retail real estate arm Vincom Retail with a 2.3% decline.

VHM of property giant Vinhomes fell 2% and STB of Ho Chi Minh City-based lender Sacombank closed 1.5% lower.

Twelve blue chips gained, led by BCM of Becamex Investment and Industrial Development with a 2.3% rise.

Foreign investors were net buyers to the tune of VND99 billion, mainly buying VPB of private lender VPBank and VNM of dairy giant Vinamilk.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, was up 0.02% while the UPCoM-Index for the Unlisted Public Companies Market also closed 0.02% higher.

 
 
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