VN-Index falls to two-week low

By Dat Nguyen   November 23, 2023 | 01:41 am PT
VN-Index falls to two-week low
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 fell 2.27% to 1,088.49 points Thursday, lowest since Nov. 7.

The index closed 25.33 points lower after gaining 3.36 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 2% to VND20.64 trillion ($851.22 million).

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

MWG of electronics retail chain Mobile World led the decline with a 6.3% plunge, followed by SSI of leading brokerage SSI Securities Corporation, down 6.1%.

HPG of steelmaker Hoa Phat Group dropped 5% and SAB of brewer Sabeco fell 4.9%.

Foreign investors were net seller to the tune of VND439 billion, mainly selling VHM of property giant Vinhomes and VPB of private lender VPBank.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 2.58%, while the UPCoM-Index for the Unlisted Public Companies Market went down 1.29%.

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