A customer picking a Vinamilk product at a grocery store. Vinamilk shares dipped by 1.3 per cent yesterday, weighing the market in general. Photo vinamilk.com.vn HÀ NỘI — The market settled lower on Friday as risk appetite was not strong enough to push up general sentiment. The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) reversed the recent rally course and ended the week at 1,240.71 points, down 0.93 points, or 0.07 per cent. The market's breadth was negative with 223 stocks decreasing, while 209 inched higher. Liquidity was also lower than the previous session, of which nearly 505 million shares were traded on the southern bourse, worth over VNĐ12.46 trillion (US$537.7 million). Stronger selling force was the main cause of the index's reversal. The 30 biggest stocks tracker VN30-Index also posted a loss of 1.04 points, or 0.08 per cent, to 1,282.51 points. In the VN30 basket, 17 stocks dropped, while ten posted positive performance and three stayed flat. Manufacturing stocks led the downside trend, with Sabeco (SAB) posting the biggest loss of more than 3.9 per cent in market capitalisation. It was followed by Masan Group (MSN), down 2.36 per cent, and Vinamilk (VNM), down 1.3 per cent…. Read full this story
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