VN-Index breaks 480 mark

The VN-Index broke its supporting mark of 480 on Jan. 11 and the index closed at 477.44, down 0.64 per cent against the previous session.

However, the trading volume was about 35.4 million with a total value of VND817.2 billion (US$38.8 million), slightly higher than on Jan. 10.

In HCM City, losers outnumbered gainers 203 to 43, while 28 remained steady.

The rising prices of three blue-chips, Bao Viet Holding (BVH), Masan Group (MSN) and Vinpearl (VPL), have helped forestall further market declines.

Notably, VPL reached the ceiling price for the fourth consecutive session and it was also the 15th session that VPL retained a rising price.

The HN-Index also lost 2.52 per cent to close at 104.76. Trading volume also equalled the previous session at 31.4 million, worth VND564.5 billion ($26.9 million).

The number of decliners was roughly five times higher than the number of advancers, 245 to 55, while 70 remained unchanged.

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