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Northern and southern bourses slide down
Red “down” arrows dominated the trading boards in both southern and northern bourses on Oct. 27 for the fourth consecutive trading day.
The rapid slide of world stocks last week obviously made a strong impact on domestic investors.
The VN-Index lost 15.83 points (4.59 percent) to close at 329.28 points. A total of more than 13.3 million shares were traded for 407 billion VND.
Of the 164 listed shares and fund certificates, 157 lost, five advanced, one remained unchanged and one was inactive.
Representatives of the State Securities Commission (SSC) said they had no plans to tighten the trading bands. And HASTC representatives said they had not asked it to do so.
HOSE representatives also said tightening the bands is not an appropriate solution.
In Hanoi, the HASTC-Index also lost 6.39 points, or 5.73 percent. A total of 7.6 million shares changed hands for 179.8 billion VND.
VNA
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