VN-Index starts week with a 0.95% decline

By Minh Hieu   March 11, 2024 | 04:09 am PT
VN-Index starts week with a 0.95% decline
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 0.95% to 1,235.49 points Monday.

The index closed 11.86 points lower after losing 21.11 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange decreased by 27% to VND23.857 trillion (US$968.3 billion).

The VN-30 basket, comprising the 30 largest capped stocks, saw 3 tickers gained and 27 fell.

GVR of rubber company Vietnam Rubber Group gained 1.9% while HDB of lender HDBank and VNM of dairy giant Vinamilk both went up 0.4%.

Ten blue chips fell. VRE of retail real estate arm Vincom Retail went down 3.5%, BCM of industrial property developer Becamex IDC slid 3.2%, and MWG of electronics retail chain Mobile World decreased by 2.8%.

Foreign investors were net buyers to the tune of VND248 billion, mainly buying FRT of electronics retailer FPT Retail and STB of private lender Sacombank.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 1.05%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.62%.

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