An investor looks at stock prices on the screens at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam’s benchmark VN-Index fell 0.20% to 1,226.8 points Monday as trading fell to its lowest in over two weeks.
The index closed 2.43 points lower after gaining 5.88 points in the previous session.
Trading on the Ho Chi Minh Stock Exchange decreased by 30% to VND14.153 trillion (US$544.3 million), its lowest since April 10, when investors wanted to buy but there were no sellers.
Excluding that unusually low session, Monday’s trading would have been the lowest in two months.
The VN-30 basket, comprising the 30 largest capped stocks, saw 13 tickers fell.
VHM of property giant Vinhomes slid 6.1%, FPT of tech giant FPT Corporation saw a 2.6% drop and VJC of budget airline Vietjet was down 2.1%.
Fifteen blue chips gained. SAB of brewer Sabeco went up 3.4%, SSB of SeABank rose 2.8%, and LPB of Fortune Vietnam Bank closed 1.5% higher.
Foreign investors were net buyers to the tune of VND6 billion, mainly buying MWG of electronics retail chain Mobile World and MBB of lender MB.
The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.13%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.03%.
