Shares slump on high selling pressure
 |
| The VN-Index on the Ho Chi Minh Stock Exchange lost 2.2 per cent to close the morning trade at 837.88 points. |
The VN-Index on the Ho Chi Minh Stock Exchange lost 2.2 per cent to close the morning trade at 837.88 points.
On the Ha Noi Stock Exchange, the HNX-Index also decreased 2.14 per cent to end at 111.44 points.
In the two markets, the market breadth was pessimistic with the number of declining stocks overwhelming the gaining ones by 436-56. Another 323 closed unchanged.
Blue chips performed negatively when all shares of the VN30 basket, which tracks the top 30 largest shares by market value and liquidity on the Ho Chi Minh Stock Exchange, lost value of between 1 per cent and 5.8 per cent.
Major draggers included Vingroup (VIC), Vinhomes (VHM), Vietcombank (VCB), Masan Group (MSN), Vietinbank (CTG) and Saigon Securities Inc (SSI), with all slipping by more than 2 per cent.
A total of 221.4 million shares worth VND3.4 trillion (US$139 million) were traded on the two bourses.
The foreign sector was net sellers in the morning for a value of VND44 billion, focusing on Vinamilk (VNM) and property developer Dat Xanh Group (DXG).
The afternoon trade starts at 1pm.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:Related Contents
Latest News
More News
- Vietnam - a success story in development path: WB Vice President (November 26, 2024 | 10:10)
- Agribank outlines obligation towards ESG-friendly policies (November 25, 2024 | 15:00)
- Integration of ESG criteria at SHB propels bank forward (November 25, 2024 | 14:44)
- Considerations to be made in light of US vote outcome (November 25, 2024 | 14:00)
- HDBank in triple victory at listed company awards (November 25, 2024 | 11:38)
- Malaysia's Solarvest and Finhero launch first solar financing fintech solution in Vietnam (November 22, 2024 | 19:50)
- SHB honoured at VLCAs for fourth time (November 22, 2024 | 19:08)
- Central Bank of Cuba chief visits Hanoi to work with VBSP (November 22, 2024 | 15:49)
- Credit sees steady growth towards year-end (November 21, 2024 | 17:46)
- HDBank wins three titles at Vietnam Listed Company Awards (November 21, 2024 | 10:01)
Mobile Version