Stocks close 4th session in red

Vietnam’s benchmark VN-Index fell 0.80% to 1,306.86 points Monday for the fourth session in a row.

The index closed 10.60 points lower after dropping 6.35 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 24% to VND21.205 trillion (US$829.1 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 20 tickers fell.

GVR of Vietnam Rubber Group saw the biggest drop of 6.9%, BCM of Becamex Investment and Industrial Development followed with a 3.6% decline. MSN of conglomerate Masan Group was down 2.5%.

Eight blue chips gained. MBB of lender MB rose 0.8%, TPB of private TPBank closed 0.7% higher, and VNM of dairy giant Vinamilk went up 0.5%.

Foreign investors were net seller to the tune of VND1.28 trillion, mainly selling FPT of tech giant FPT Corporation and VNM.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 1.32%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.61%.