VN-Index dips closer to 800 points

The VN-Index at the Ho Chi Minh City Stock Exchange (HoSE) slid 26.14 points to close at 807.74 points by the end of the January 22 trading session with 134 out of 145 listed shares suffering losses.

More than 8.5 million shares worth 694 billion VND were traded during the session.

Strong decreases were seen in the prices of the Corporation for Financing and Promoting Technology (FPT) and Binh Dinh Minerals (BMC) (9,000 VND per share each) and Domesco Medicine Import-Export (DMC) (8,000 VND).

In Ha Noi, the HaSTC-Index dropped 5.19 points to end at 279.3 points with more than 2.7 million shares worth more than 222 billion VND being traded.

Although the Government has pumped money into the market and rescheduled many enterprises’ initial public offerings, both bourses continued their downward trend. This trend can be affected by the downward trend of the world’s securities market, said experts.

VNA

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