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Stock market continues declining trend
The domestic stock market today continued its declining trend with the northern and southern bourses seeing drops of 2.52% and 1.41%, against the maximum trading margins of 3% and 2% respectively.
A majority of listed stocks on both bourses suffered losses with many of them hitting floor prices as stock offers overwhelmed bids.
Ending today’s session, the VN-Index dropped by 7.36 points to finish at 531.38. Only 11 out of the total 153 listed stocks managed gains while 137 were losers and five others stayed unchanged.
Total market trading volume was 6.4 million units worth VND 329.4 billion.
SSI topped the list of most traded stocks with over 2 million units changing hands, followed by DPM (nearly 1.2 million units), VFMVF1 (more than 320,000 units,) PPC (over 220,000 units) and VIC (over 136,000 units).
DHG was the most gainers in terms of prices, up VND 3,000 a share to close at VND 169,000 a share. BMP and SGH each gained by VND 1.500 a share while ANV added VND 1,000 a share more to its reference price of VND 55.500 a share.
Foreign investors’ stock purchase on today’s session accounted for more than half of the total market trading volume. They bought over 3.5 million shares worth more than VND 201 billion. These included nearly 1.7 million SSI shares and nearly 951,820 DPM shares.
In Hanoi, the HASTC-Index lost another 4.67 points to close at 180.95. Total trading volume was only 1.9 million units worth VND 73.6 billion.
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