Tuesday, September 26, 2023

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VN-Index steadies after gains

Vietnam’s benchmark VN-Index dropped 0.27% to 1,075.17 points Wednesday after rising for two sessions in a row.

VN-Index steadies after gains

The index closed 2.88 points lower after gaining 14 points in the previous two days.

Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 3.69% to VND15.82 trillion ($673.33 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 19 tickers fall.

VHM of property giant Vinhomes lost 2.6%, followed by VRE of retail real estate arm Vincom Retail, down 2.2%.

HDB of HDBank closed 2.1% lower and GVR of Vietnam Rubber Group lost 1.1%.

Eight blue chips gained, led by TPB of private TPBank with a 3.7% rise.

Foreign investors were net sellers to the tune of VND443.92 billion, mainly selling NVL of property developer Novaland Group and EIB of private lender Eximbank.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.67% while the UPCoM-Index at the Unlisted Public Companies Market was up by 0.47%.

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