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VN-Index goes flat as foreign net selling continues

by 198 Vietnam News
March 10, 2022
in VIETNAM MANUFACTURE NEWS
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VN-Index goes flat as foreign net selling continues

An investor seems to be at inventory costs on the screens at a brokerage in Ho Chi Minh Metropolis. Photograph by VnExpress/Quynh Tran


Vietnam’s benchmark VN-Index went sideways Wednesday and stayed at 1,473 factors, however with overseas traders web promoting for the third session in a row.

The index stayed principally within the pink all through the day and closed 0.03 factors larger after plunging 25 factors Tuesday.

Buying and selling worth on the Ho Chi Minh Inventory Trade (HoSE), on which the index relies, fell 11.6 p.c to VND30.51 trillion ($1.34 billion).

Overseas traders web bought VND1.06 trillion price of shares, specializing in HPG of steelmaker Hoa Phat Group and VNM of dairy large Vinamilk.

Up to now three periods their web sale worth totaled VND4.04 trillion.

The VN30 basket, comprising the 30 largest capped shares, noticed 16 tickers within the pink Wednesday, with BVH of insurance coverage firm Bao Viet Holdings falling 3.4 p.c to a two-week low.

VRE of retail actual property arm Vincom Retail fell to a six-week low with a 2.8 p.c drop.

Different losers included BID of state-owned lender BIDV and POW of electrical energy producer Petrovietnam Energy Company, each fell 2.6 p.c.

13 blue chips gained, with PNJ of Phu Nhuan Jewellery rising 4.2 p.c to new peak as gold costs repeatedly climbed to new peaks in current weeks.

PLX of gas distributor Petrolimex rose 2.8 p.c as gasoline costs are forecast to proceed rising.

Different gainers included VJC of price range airline Vietjet, up 2.2 p.c, and VCB of state-owned lender Vietcombank, up 1.8 p.c.

The HNX-Index for shares on the Hanoi Inventory Trade, dwelling to mid and small caps, fell 0.29 p.c, whereas the UPCoM-Index for the Unlisted Public Corporations Market rose 0.67 p.c.





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