Week starts with large caps in red
Vietnam’s benchmark VN-Index dropped almost 22 points on Monday, closing at 1,216.81 as several blue chips went down.
In the VN-30 basket, comprised of 30 largest stocks by market cap, up to 27 ones decreased.
Other large-capped stickers that shrank included STB of Sacombank (-5.8%), TPB of TPBank (-4.5%), VPBank’s VPB (-4.2%), Vietinbank’s CTG (-3.5%), BID of BIDV bank (-3.3%), and Masan Group’s MSN (-3.1%).
An investor watches changes in stock prices in Vietnam. Photo by The Investor/Trong Hieu.
Foreign investors were net sellers in the third straight session, largely selling out SSI of top broker Saigon Securities Inc. and VIC of Vingroup, Vietnam's biggest listed conglomerate.
On the Ho Chi Minh Stock Exchange, Monday’s trading went up 7% to VND13.33 trillion (more than $579.5 million). The HNX-Index at the Hanoi Stock Exchange, which lists mid and small caps, decreased 2.07%. The UPCoM-Index for the Unlisted Public Companies Market shrank slightly, just 0.51%.
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