Market summary of Tuesday, April 5, 2022
Vietnam:
Stock markets in Vietnam slipped on Tuesday as selling pressure rose during the afternoon session. The VN-Index fell 0.31%, while the HNX-Index closed lower by 0.56%.
Banks were the biggest contributors to VN-Index's losses, led by BID dropping 2.2%, while TCB, VPB, CTG, MBB, ACB, etc. all plunged more than 1%. VNM also slid 2.2%, while VIC closed lower by 0.5%. On the other hand, GAS jumped 1.7% to lead the gains of the index, while NVL and MSN added 1.4% and 1.1%, respectively. LPB closed higher by 3.8%, while VCB rose 0.5%.
On HNX, HUT dropped 5.8% to lead the declines, while IDC shed 3%. ART tumbled 7.3%, while SHS and MBS slipped more than 1.5%. KLF also plunged 5%. Meanwhile, DTK and VIF climbed more than 2%, while OCH jumped 4.6%.
Leading the gains of the session was the telecommunication sector, rallying 1.99%, while utilities and oil shares added 0.98% and 0.9%, respectively. However, the financial sector was the biggest loser, slipping 0.54% due to losses from banks.
The VN-Index ended the session with a net foreign sell of 275.19 billion VND as foreign investors focused on selling VHM, VIC, and HPG. On HNX, they also sold a net of 17.77 billion VND, focusing on VCS and BVS.
