Tuesday, September 26, 2023

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Foreign stock investors break 3-session buying streak

Vietnam’s benchmark VN-Index rose 0.33% to 1,070.64 points Monday with foreign investors net selling after three buying sessions.

Foreign stock investors break 3-session buying streak

The index closed 3.57 points higher after losing 1.24 points on Friday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 6.20% to VND12.53 trillion ($534.51 million).

Foreign investors were net sellers to the tune of VND468.36 billion, mainly selling VNM of dairy giant Vinamilk and VND of brokerage VNDirect.

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

TCB of the largest private lender Techcombank rose 2.9%, followed by VPB of private lender VPBank with a 2.1% increase.

GVR of Vietnam Rubber Group abd TPB of private TPBank both went up 1.5%.

Ten blue chips closed in the red, with VCB of state-owned lender Vietcombank losing 1.2%.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.93% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.16%.

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