Stocks close week in red
An investor looks at stock prices on a screen at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam’s benchmark VN-Index fell 1.52% to 1,174.85 points Friday.
The index closed 18.16 points lower after losing 22.67 points in the previous session.
Trading on the Ho Chi Minh Stock Exchange increased by 24% to VND23.702 trillion (US$931.5 billion).
The VN-30 basket, comprising the 30 largest capped stocks, saw 28 tickers 28 fell.
VIC of private conglomerate Vingroup fell 5.3%, BCM of Becamex Investment and Industrial Development fell 5.0% and SSI of brokerage SSI Securities slid 3.5%.
Only two blue chips gained. BID of state-owned lender BIDV went up 0.5% and SHB of the Saigon-Hanoi Commercial Joint Stock Bank grew 0.5%.
Foreign investors were net buyers to the tune of VND682 billion, mainly buying HPG of steel giant Hoa Phat Group and VNM of dairy giant Vinamilk.
The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 2.39%, while the UPCoM-Index for the Unlisted Public Companies Market went down 1.12%.
