VN-Index declines with most bluechips in red

By Minh Hieu   May 10, 2024 | 01:13 am PT
VN-Index declines with most bluechips in red
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 slid 0.32% to 1,244.7 points Friday.

The index closed 3.94 points lower after dropping 1.82 points in the previous session. Trading on the Ho Chi Minh Stock Exchange fell 19% to VND16.283 trillion (US$639.6 million).

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

BCM of Becamex Investment and Industrial Development saw the biggest drop of 1.7%, followed by VRE of retail real estate arm Vincom Retail and VHM of property giant Vinhomes, both down 1.5%.

Only four bluechips gained. SSI of brokerage SSI Securities Corporation went up 0.7% and FPT of IT giant FPT Corporation increased by 0.5%.

ACB of Asia Commercial Bank grew 0.4% while TCB of the private lender Techcombank closed 0.1% higher.

Foreign investors were net seller to the tune of VND504 billion, mainly selling VHM of Vinhomes and HPG of steelmaker Hoa Phat Group.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.47%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.20%.

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