HANOI: Vietnam’s benchmark VN Index ended down 0.21 percent on Friday for a straight second session of losses with most blue chips heading south led by food stocks.
Dairy products maker Vinamilk, the country’s top firm by market value, eased 0.69 percent, followed by food producer Masan Group, which dropped 2.08 percent.
PetroVietnam Gas bucked the trend, rallying 2.86 percent after oil prices rose on Thursday with US crude hitting a six-month high, as investors weighed a forecast for tighter global supplies against signs of another storage build at the hub for US crude futures.
The index, Southeast Asia’s best performer in 2015, has gained a combined 0.7 percent, posting the sixth straight weekly gain.
Copyright Reuters, 2016
Courtesy : BRecorder