Vietnam’s leading stock exchange index VN-Index closed Tuesday at 1,266.78 points, marking a 0.41% drop on the day and notching a 12% increase for the year.
The benchmark index ended the day with a net decline, falling 5.2 points as it registered a drop of 3.1 points on the previous trading day.
Trading volume on the Ho Chi Minh Stock Exchange remained stable at approximately 11.56 trillion Vietnamese Dong, equivalent to around $454 million.
The VN-30 basket, made up of the 30 largest listed stocks, recorded 18 decliners.
Vietnam’s leading stocks, such as HDBank and state-owned banking giant VietinBank, suffered drops in share values, with HDBank experiencing a decline of 4.3% and CTG of VietinBank falling 2.8%.
The indexes for Bao Viet Holdings and Sacombank, Bong Van Hien, and Ho Chi Minh City-based Stock Transaction Board, respectively, both plummeted by 2.5 percent.
Seven blue-chip stocks rose, including Asia Commercial Bank’s ACB, which increased by 1.6%, and Becamex Investment and Industrial Development’s BCM, which also rose by 1.6%.
Foreign investors were net sellers to the tune of VND302 billion.
The pair primarily traded the Vietnam Construction Bank (VCB) and Bank for Investment and Development of Vietnam (BIDV) stocks, both of which are owned by the state.
The Hanoi Stock Exchange’s HNX-Index for shares in mid and small companies dropped 0.31%, whereas the UPCoM-Index for the unlisted public companies market increased by 0.05%.
