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Vietnam’s benchmark VN Index ticked down 0.08 per cent by the close on Thursday, with gains in dairy products maker Vinamilk cancelling falls in most other shares ahead of a central bank ruling on loans for stock investments.
Vinamilk, Vietnam’s second biggest listed firm by market value, jumped 3.96 per cent to close at 105,000 dong ($4.9), a level unseen since November 4.
Most other big-caps lost ground, but marginally and in moderate volume.
Sentiment was cautious amid lack of supportive news, and ahead of the implementation of a central bank circular that will cap banks’ loans to customers who use the money to invest in stocks at five per cent of a bank’s registered capital, analysts said.
PetroVietNam Gas, the country’s top firm by market value, led the decliners with a 1.27 per cent fall, while Hanoi-based lender Vietcombank fell 1.34 per cent.
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