Shares lose ground on strong selling force
 |
| On the Ho Chi Minh Stock Exchange (HoSE), the benchmark VN-Index dropped 1.03 per cent, to 1,182.08 points. Photo cafef.vn |
On the Ho Chi Minh Stock Exchange (HoSE), the benchmark VN-Index dropped 1.03 per cent, to 1,182.08 points.
The market's breadth turned negative as 352 stocks declined while 113 stocks increased. But the market's liquidity was still high with a trading value of nearly VNĐ13 trillion, equivalent to nearly 598 million shares traded on the southern market.
The fall in large-cap stocks was the main cause for the market's negative performance.
The VN30-Index, tracking the 30 biggest stocks in market value, decreased 0.87 per cent to 1,188.16 points. Twenty-six of the VN30 basket slid, while only three stocks increased.
Big stocks across all sectors faced selling pressure, including Vietcombank (VCB), Vinhomes JSC (VHM), PetroVietnam Gas JSC (GAS) Vietnam Rubber Group - JSC (GVR) and Masan Group Corporation (MSN).
On the Ha Noi Stock Exchange (HNX), the HNX-Index also dropped 1.25 per cent to 271.41 points.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:Related Contents
Latest News
More News
- Solutions for enhancing provision of the stock market (April 23, 2024 | 10:38)
- MB aiming for 30 million customers by end of year (April 22, 2024 | 17:43)
- MB finalises strategy for acquisition of distressed bank (April 22, 2024 | 16:33)
- Vietnam central bank postpones gold bar auction (April 22, 2024 | 15:27)
- Benefits of pension funds must be incentivised (April 22, 2024 | 15:00)
- KRX trading system to begin official operation (April 22, 2024 | 14:09)
- Voluntary pensions to rejuvenate the sector (April 22, 2024 | 14:00)
- Gold market reforms paramount to stability (April 22, 2024 | 10:18)
- Loopholes continue to play part in rising NPL ratios (April 22, 2024 | 10:13)
- Techcombank scoops two Stevie Awards (April 19, 2024 | 18:35)
Mobile Version