VN-Index slips

By Dat Nguyen December 14, 2023 | 02:00 am PT

An investor looks at stock prices on a screen at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran

Vietnam's benchmark VN-Index fell 0.37% to 1,110.13 points Thursday with the majority of blue chips in the red.

The index closed 4.07 points lower after dropping 13.43 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 20% to VND14.68 trillion ($605 million).

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

SAB of brewer Sabeco dropped 1.6%, followed by STB of Ho Chi Minh City-based lender Sacombank, down 1.3%.

MSN of conglomerate Masan Group fell 1.2% and HPG of steelmaker Hoa Phat Group closed 1.1% lower.

Seven blue chips gained, led by FPT of IT giant FPT Corporation with a 1.1% rise.

Foreign investors were net sellers to the tune of VND358 billion, mainly selling CTG of state-owned lender VietinBank 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 0.52%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.10%.