Vietnam to narrow share price fluctuations

The State Securities Committee has given nod to domestic bourses in Ho Chi Minh City and Hanoi to reduce the level of fluctuations in share prices.

According to its recent official notice, the committee agreed for the HCM City Securities Exchange to reduce share price fluctuation from 5 percent to 1 percent.

The Hanoi Securities Trading Centre was also allowed to decrease the limit from 10 percent to 2 percent.

The changes will be applied from March 27.

VNA

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