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 0.53% to 1,229.07 points Tuesday, lowest since Nov. 22, with trading value plummeting.
The index closed 6.58 points lower after gaining 5.17 points in the previous session.
Trading on the Ho Chi Minh Stock Exchange plunged by 30% to VND8.53 trillion (US$336 million), lowest since April 2023.
The VN-30 basket, comprising the 30 largest capped stocks, saw 20 tickers fell.
VRE of retail real estate arm Vincom Retail dropped 3.6%, followed by HDB of HDBank with a 2.5% decline.
CTG of state-owned lender VietinBank and MSN of conglomerate Masan Group both fell 2%.
Seven blue chips gained. BVH of insurance company Bao Viet Holdings led with a 2.6% rise, followed by PLX of fuel distributor Petrolimex, up 2.2%.
Foreign investors were net sellers to the tune of VND629 billion, mainly selling FPT of IT giant FPT Corporation and VPB of private lender VPBank.
The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.61%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.08%.
