Hanoi (VNA) - The Vietnam stock market concluded the final trading session of 2024 with the VN-Index decreasing by 5.24 points to 1,266.78 points. However, for the entire year, the VN-Index still recorded a gain of over 12%.
Trading volume on the Ho Chi Minh Stock Exchange (HoSE) reached more than 480.5 million shares on December 31, equivalent to over 11.5 trillion VND (451.1 million USD). Across the board, there were 155 declining stocks and 254 gainers, and 79 that saw the price unchanged.
The HNX-Index on the Hanoi Stock Exchange (HNX) fell by 0.71 points, ending at 227.43 points. Trading volume exceeded 40.4 million shares, equivalent to over 638.6 billion VND. On this exchange, 76 stocks rose, 80 declined, and 69 remained unchanged.
Meanwhile, the UPCOM-Index edged up slightly by 0.06 points to 95.06 points. Trading volume surpassed 42.7 million shares, equalling to over 674.1 billion VND. Within this platform, 159 stocks advanced, 124 fell, and 101 remained unchanged.
The VN30-Index, which tracks the top 30 largest stocks by market capitalisation on the HoSE, recorded 18 stocks declining, seven advancing and five unchanged. Sectors such as real estate, insurance, banking, and oil and gas entered negative territory.
Adding to the cautious sentiment of domestic investors, foreign investors resumed booking profits after two consecutive sessions of net buying, further pressuring the overall market.
Specifically, foreign investors booked total profits of 268 billion VND across the market. On the HOSE exchange, selling totaled approximately VND 302 billion. VCB was the most heavily sold stock, with a net value of 132 billion VND, followed by BID (73 billion VND), STB (69 billion VND), HDB (47 billion VND), and VHM (46 billion VND).
On the HNX exchange, foreign investors sold a total of around 5 billion VND, while they bought 39 billion VND on the UPCOM market. Thus, 2024 marked a record year of booking proits for foreign investors, amounting to approximately 90 trillion VND, nearly quadrupling the figure from 2023./.
VNA
