Stocks

Vietnam index down 0.8%

Reuters Hanoi | Updated on January 24, 2018 Published on March 24, 2015

Vietnam’s benchmark VN Index fell 0.78 per cent at the break on Tuesday, with most shares losing ground in extended caution after a net selling session by foreign investors.

All blue-chips declined or stayed unchanged, led by a 2.31-per cent loss in Hanoi-based lender BIDV, and PetroVietNam Gas, Vietnam’s top listed firm by market value, ticked down 0.66 per cent.

Foreign investors were net sellers of 97.5 billion dong ($4.53 million) worth of Vietnamese equities on Monday, having offloaded a net 225 billion dong so far this month, exchange data showed.

“In the short-term, we expect the market is yet to pick up as both domestic and foreign funds seem to be wary and cautious,’’ Vietcombank Securities told clients in a note on Monday.

Published on March 24, 2015
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