VN-Index slips

By Dat Nguyen   February 22, 2024 | 02:50 am PT
VN-Index slips
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 0.22% to 1,227.31 points Thursday.

The index closed 2.73 points lower after dropping 0.02 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 21% to VND17.95 trillion ($729.38 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 16 tickers fell.

HDB of HDBank fell 2.6%, followed by VCB of state-owned lender Vietcombank with a 1.9% decline.

MWG of electronics retail chain Mobile World dropped 1.7% and STB of Ho Chi Minh City-based lender Sacombank declined by 1.4%.

Thirteen blue chips gained. TCB of private lender Techcombank rose 3.3% and SHB of Saigon Hanoi Commercial Bank went up 1.7%.

Foreign investors were net sellers to the tune of VND939 billion, mainly selling HPG of steelmaker Hoa Phat Group and MWG of electronics retail chain Mobile World.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.07%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.04%.

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