Market Overview
The index experienced a slight decline, closing 0.70 points lower after a significant drop of 6.34 points in the previous session.
Trading Volume Decrease
Trading on the Ho Chi Minh Stock Exchange saw a 16% decrease, amounting to VND19.67 trillion (US$770 million).
Performance of VN-30 Basket
The VN-30 basket, which includes the 30 largest capped stocks, witnessed 15 of its tickers fall. Notably, TPB of private TPBank dropped by 5.3%, and VJC of budget airline Vietjet fell by 1.6%.
Declines and Gains
BCM of Becamex Investment and Industrial Development declined by 1.5%, while LPB of Fortune Vietnam Bank closed 1.1% lower. On the brighter side, twelve blue chips gained, with MBB of lender MB leading with a 1.7% increase.
Foreign Investors' Activity
Foreign investors were net sellers, offloading VND1.4 trillion worth of stocks, primarily net selling FPT of tech giant FPT Corporation and TPB.
Other Indices Performance
The HNX-Index for stocks on the Hanoi Stock Exchange, which is home to mid and small caps, rose by 0.20%. Conversely, the UPCoM-Index for the Unlisted Public Companies Market went down by 0.20%.
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