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 plunged 3.06% to 1,656.89 points Friday, lowest since Nov. 19.
The index closed 52 points lower in its fourth session in the red.
Trading on the Ho Chi Minh Stock Exchange, on which the index is based, went up 52% to VND24.7 trillion (US$938 million).
The VN30 basket, comprising the 30 largest capped stocks, saw 29 tickers fell.
VHM of property giant Vinhomes and VRE of retail real estate arm Vincom Retail dipped 6.9%.
Other major losers included VPB of private lender VPBank with a 5.7% drop and GVR of Vietnam Rubber Group, down 5.1%.
BCM of Becamex Investment and Industrial Development was the only blue chip in the green, inching up 0.2%.
Foreign investors were net sellers for the sixth straight session, dumping VND571 billion in net sale.
They were mainly selling VIC of private conglomerate Vingroup and VCB of state-owned lender Vietcombank.
The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, dropped 2.26%, while the UPCoM-Index for the Unlisted Public Companies Market fell 0.61%.
