VN-Index slips marginally

By Dat Nguyen   May 24, 2023 | 01:31 am PT
VN-Index slips marginally
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 dropped 0.38% to 1061.79 points Wednesday.

The index closed 4.06 points lower after losing 4.79 points on Tuesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 7.07% to VND13.77 trillion ($586.76 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 15 tickers gain.

STB of Ho Chi Minh City-based lender Sacombank fell 2%, followed by GVR of Vietnam Rubber Group and HPG of steelmaker Hoa Phat Group, both with a 1.8% decline.

TCB of the largest private lender Techcombank also closed 1.8% lower.

Five blue chips gained, led by MSN of conglomerate Masan Group with a 2% rise.

VHM of property giant Vinhomes closed 1.5% higher.

Foreign investors were net sellers to the tune of VND569.87 billion, mainly selling HPG and VNM.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.08% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.09%.

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