Blue chips drag VN-Index to second straight losing session – VnExpress International


Topping losses were private banks, which have been the best performers in the previous few sessions. HDB of HDBank shed 3.3 percent, EIB of Eximbank and TCB of Techcombank, 2.6 percent each, VPB of VPBank was down 1.6 percent, and STB of Sacombank, down 1.2 percent.

Among state owned banks, BID of BIDV was down 2.4 percent, CTG of VietinBank, 1.6 percent, VCB of Vietcombank, 0.2 percent, and MBB of mid-sized Military Bank, 0.4 percent.

Real estate was also down as a group. KDH of Khang Dien House and TCH of Hoang Huy Group both slumped 1.7 percent, NVL of Novaland fell 1.5 percent and VHM of giant Vinhomes, 1.3 percent. ROS of FLC Faros kept its opening price.

Other major losers this session included SBT of agricultural exporter TTC-Sugar, down 3.3 percent, POW of electricity generator PetroVietnam Power, 2.4 percent, VRE of mall operator Vincom Retail, 2.1 percent, and REE of appliances maker Refrigeration Electrical Engineering, 1.6 percent.

VIC of private conglomerate Vingroup, HoSE’s largest cap, maintained its opening price this session.

The only two major stocks that gained were SAB of major brewer Sabeco, up 0.5 percent, and VJC of budget carrier Vietjet Air, up 0.3 percent.

The HNX-Index for the Hanoi Stock Exchange, Vietnam’s second main bourse and home to mid- and smaller-caps, along with the UPCoM-Index for the Unlisted Public Companies Market, both ended over a week of straight gains, shedding 1.38 percent and 0.71 percent respectively.

e.VnExpress

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Blue chips drag VN-Index to second straight losing session – VnExpress International

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