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Clouds linger over stock markets
VN-Index and HaSTC-Index both suffered a sharp fall on January 23, finishing by 31.06 points and 7.62 points down to 776.86 and 271.86, respectively.
It’s the first time VN-Index of the nation’s largest stock market in Ho Chi Minh City fell under the 800-point bottom as 138 out of 145 stocks listed on the floor suffered the fate.
However, the transaction hit the hey-day with over 11 millions shares worth more than 875 billion VND exchanged hands, an increase of 20 percent over the previous day.
On the Ha Noi floor, over 3.7 million shares valued at 299 billion VND were traded.
Many investors were unable to hide back their pessimism over huge losses of the value of a large number of shares, which even fell down by a half.
DPM shares issued by the Phu My fertiliser plant, for example, now are worst than the original value.
“Sharp declines in stock market indexes have made unexpectedly adverse impact on investors’ confidence,” said Tran Hoang Hiep from the VNDS securities floor. He added that investors are looking forwards to the Government’s sound policy for the market rally
VNA
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