|
Stock indices tumble
The two benchmark indices on the nation's stock exchanges declined on Monday, but on heavier volume.
On the HCM City Stock Exchange the VN-Index fell by 1.3 per cent over Friday's value to close at 445.83. About 50 million shares worth VND1.22 trillion (US$62.6 million) were exchanged, a 40 per cent increase by volume and 31 per cent by value.
Decliners outnumbered advancers by 219-18.
Ocean Group (OGC) continued to be the most active stock on the southern bourse with more than two million shares changing hands. OGC fell by 4.74 per cent to close at VND30,100 ($1.54) per share.
Of the 10 largest capitalised shares, Vietinbank (CTG), Eximbank (EIB), Sacombank (STB) and Masan financial group (MSN) posted losses. Bao Viet Holdings (BVH), property developer Hoang Anh Gia Lai (HAG) and Hoa Phat Group (HPG) advanced.
Software giant FPT Corp (FPT), Phu My Fertiliser (DPM) and real estate developer Vincom (VIC) closed unchanged.
On the Ha Noi Stock Exchange the HNX-Index backslide 3.89 per cent to close at 120.92.
Market volume rose 92 per cent over Friday's level to more than 44 million shares, while the bourse's trading value increased by 68 per cent to VND931.1 billion ($47.8 million).
Losers largely outnumbered gainers by 279-19.
Blue-chips tumbled with all of the 10 largest capitalised shares declining in value.
PetroVietnam Construction (PVX) continued to be the most active share nationwide with 5.3 million shares changing hands. PVX lost 3.93 per cent of its value to close at an average of VND22,000 ($1.13) per share.
vietnamnews
|
