VN-Index dips to three-week low

The index closed 10.42 points lower after dropping 7.83 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 7% to VND14.73 trillion ($605 million).

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

HDB of HDBank dropped 3.2%, followed by STB of Ho Chi Minh City-based lender Sacombank, down 3%.

MWG of electronics retail chain Mobile World closed 2.8% lower and CTG of state-owned lender VietinBank fell 2.4%.

Three blue chips gained, led by VJC of budget airline Vietjet with a 1.9% increase.

Foreign investors were net sellers to the tune of VND772 billion, mainly selling VNM of dairy giant Vinamilk and STB of Ho Chi Minh City-based lender Sacombank.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.57%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.20%.