The Vincom Centre run by Vincom Retail (HoSE: VRE) in HCM City. The company’s shares dropped 1.5 per cent on Tuesday. — Photo vingroup.net Vietnamese shares fell for a third day as market sentiment was pulled down by the decline of the large-cap sector. The benchmark VN-Index on the Ho Chi Minh Stock Exchange lost 0.44 per cent to end Tuesday at 846.43 points. The benchmark has dropped total 1 per cent in three consecutive trading days since last Friday. The large-cap VN30-Index slipped 0.58 per cent to 786.95 points and the VN30 futures maturing on August 20 (Thursday) edged down 0.57 per cent to 788 points. Twenty-one of the 30 largest stocks by market capitalisation and trading liquidity in the VN30 basket declined while only five increased and four ended flat. Brewer Sabeco (SAB), property firms Vingroup (VIC) and Vincom Retail (VRE), Vietinbank (CTG), dairy producer Vinamilk (VNM), consumer staples business Masan (MSN), and retailers Phu Nhuan Jewellery JSC (PNJ) and Mobile World Investment (MWG) were the worst large-cap performers. The consumer staples, retail, and real estate were three of the worst-declining sectors on Tuesday, BIDV Securities Corporation (BSC) said in its daily report. The three industries lost between… Read full this story
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