Big caps on the Ho Chi Minh Stock Exchange (HoSE) were sold in large volumes on Tuesday, with Vietnam’s benchmark VN-Index decreasing slightly to close at almost 1,293 points.
The one-point decrease disrupted the previous five consecutive gaining sessions. The 10 large-cap stocks that pushed the index down slightly included HPG of Hoa Phat Group, VPB of VPBank, BID of BIDV bank, and Techcombank’s TCB.
Information on possible gasoline price increases was behind the rise of two key oil and gas stocks. GAS of PV Gas climbed up to the ceiling of VND117,700 ($5.08), and PLX of leading distributor Petrolimex rose 1.4% to VND44,000 ($1.9).
In the sector, PVT, OIL, PVD, and POW stocks were also green, closing with margins higher than 3%.
The liquidity on the HoSE reached VND16,100 billion (over $694.2 million), a slight decrease against Monday. Of this, the financial sector saw the highest number, at over $133,6 million.
Foreign investors recorded the third consecutive net-buying session to the tone of VND2,282 billion ($98.4 million).