VN-Index inches up, blue chips fall

Created 12 October 2021
Editor Choice
Share
(0 votes, average 0 out of 5)

Vietnam’s benchmark VN-Index gained 0.05 percent to 1,394.80 points Tuesday, but with most blue chip tickers in the red.

VN-Index inches up, blue chips fall

The index went sideways throughout the day and closed 0.71 points higher. This is its seventh session in the green.

Trading value on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, fell 2.6 percent to VND22.19 trillion ($974 million).

The VN30 basket, comprising the 30 largest capped stocks, saw 17 tickers in the red, led by PNJ of Phu Nhuan Jewelry, down 2 percent.

SSI of leading brokerage SSI Securities Corporation lost 1.2 percent, ending a chain of three gaining sessions.

MSN of conglomerate Masan Group and NVL of real estate developer Novaland Group both fell 1 percent.

Eight blue chip tickers gained, with POW of electricity producer Petrovietnam Power Corporation rising 2.4 percent, and MWG of electronics retail chain Mobile World gaining 2 percent.

Foreign investors were net sellers to the tune of VND41 billion, with strongest pressure on HPG of steelmaker Hoa Phat Group and GMD of logistics company Gemadept Corp.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.36 percent while the UPCoM-Index for the Unlisted Public Companies Market gained 0.01 percent.

 

Source: VNE

Maybe You Also Interesting :

» Gasoline prices fall for first time in ten weeks

Vietnam’s gasoline prices dropped by 0.3-1.3 percent Friday, the first drop after seven consecutive upward adjustments since April 12.

» Vietnam seeks UK assistance for HCMC financial center

Vietnam has sought the U.K.’s assistance in improving its banking and finance legal framework and establishing a financial center in HCMC.

» Spain arrests two Vietnamese over alleged sexual assault on British teenager

Spain has recently arrested two Vietnamese citizens over sexual assault allegations on a 17-year-old girl from the U.K., Spanish police confirmed Friday.