|
VN stock markets continue slide
The VN-Index edged down 0.27 per cent to close at 480.55 today with investors remaining uncertain about the state of the market. This is despite the State Bank of Viet Nam coming out late last week to officially deny a rumour that it planned to increase the compulsory currency reserve ratio from 3 to 7 per cent.
Investors had been concerned that such a move, designed to rein in inflation by removing money from circulation, would negatively impact money flow into the stock market.
Today's total trading volume stood at 33.8 million with a total value of VND790.4 billion (US$37.6 million), almost equal to last Friday's figures.
In HCM City, gainers outnumbered losers 195 to 50, while 36 remained steady.
The most active share was Sai Gon Thuong Tin Bank (STB) with 2.3 million shares changing hands.
HN-Index also closed at 107.47, down 2.37 per cent on the previous session. The number of decliners rose to 237. There were 50 gainers and the value of 83 shares was unchanged.
Trading volume at the Ha Noi bourse was 31.4 million shares, valued at VND592.5 billion ($28.2 million). This was slighlty higher than the 26.5 shares with a total value at VND508.7 billion ($24.2 million) which changed hands last Friday.
The most active stock in Ha Noi belonged to Kim Long Securities (KLS) with 2.8 shares changing hands
vietnamnews
|
