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Blue chips drag indices down
Blue chips on the HCM Stock Exchange today tumbled, which made the VN-Index drop 0.9 per cent to close the session at 401.95 points.
Of the 10 leading shares in terms of capitalisation, insurer Bao Viet Holdings (BVH) bottomed out, while five others plunged between 1.7-4.1 per cent.
Eximbank (EIB) closed the day unchanged. Three others of the biggest codes advanced, including property Hoang Anh Gia Lai (HAG) up 0.6 per cent, food producer Masan Group (MSN) up 1.6 per cent and Sacombank (STB) up 2.2 per cent. However, the gains were not enough to lift the VN-Index.
Market value of the southern bourse, however, jumped 18 per cent over yesterday's level to VND436.4 billion (US$21.2 million) on a volume of 22.3 million shares.
STB was the most-active code in HCM City, with 1.5 million shares changing hands.
On the Ha Noi Stock Exchange, the HNX-Index slumped by 1.4 per cent to conclude today's session at 68.60 points.
Trades were sluggish, with just VND203.4 billion ($9.9 million) worth of 21 million shares. That value only reached 86.3 per cent of yesterday's figure.
Kim Long Securities Company (KLS) was most heavily traded, 2.55 million of its shares exchanged. However, it ended down nearly 2 per cent. PetroVietnam Construction Comapny (PVX) followed with 1.6 million shares.
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