Vietnam’s stock indexes end down

Vietnam ’s benchmark stock index – VN-Index – ended a sliding week at 476 points on September 12, down 4.23 percent against the previous trading session.

Trading volume also dropped remarkably, reflecting investors’ concerns about the market’s consecutive losses.

A total of 15.15 million stocks worth nearly 575 billion VND changed hands at the Ho Chi Minh Stock Exchange, where up to 152 stocks went down and only seven increased, while three remained unchanged.

Over the week ending September 12, the VN-Index lost an accumulated nearly 11 percent.

The HaSTC-Index of the Hanoi Securities Trading Centre also saw the sixth consecutive drop, decreasing by 5.12 percent against the previous trading session to close at 160.62 points.

This week’s trading volume and value per session experienced a sharp fall, registering at an average daily of 12.98 million stocks and over 531 billion VND as compared with 27.67 million and nearly 1.14 trillion VND last week.

VNA

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