Business

VN-Index dragged down by banking stocks

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) lost 2.7 points to close at 955.89 points on December 10.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) lost 2.7 points to close at 955.89 points on December 10 (Photo: VNA)

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) lost 2.7 points to close at 955.89 points on December 10 (Photo: VNA)

More than 213 million shares worth over 4.96 trillion VND (213.2 million USD) were exchanged on the HoSE during the course of the day. There were 117 advancing codes and 167 in decline.

Meanwhile, the HNX-Index on the Hanoi Stock Exchange (HNX) settled at 106.82 points after losing 0.32 point, with 59 increasing and 76 decreasing codes.

Banking stocks suffered losses on the day and heavily influenced the market. Notably, CTG decreased by 4 percent, TPB down 2.1 percent, MBB dropped 1.8 percent, and VCB 0.5 fell percent.

Many large-cap stocks also ended in red, including VRE down 3 percent, HPG 2.6 percent, and VJC 1.9 percent.

However, other big stocks like GAS, VNM, MSN and SAB held back the market’s downward trend by increasing 1.5 percent, 0.8 percent, 1.2 percent, and 0.3 percent, respectively.

Petroleum stocks recorded an increase on the day, with PVD advancing by 2.8 percent, PVC 1.6 percent, PVB 1.1 percent, and PVS 1 percent.

On the HoSE, foreign investors posted net purchase values of more than 7.2 million shares, worth 41.12 billion VND (1.77 million USD).

E1VFVN30 topped the list with over 114 billion VND worth of shares, followed by VNM with over 57 billion VND, and BID with around 21 billion VND.

Vietnamplus

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