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VN-index fails to sustain rall
The rally of the VN-Index could not be sustained in the last minutes of Wednesday's session.
On the HCM Stock Exchange, the VN-Index lost 0.45 per cent to 385.96 after advancing by around 0.5 per cent earlier. Gainers outnumbered losers by 154-75.
The value of trades only reached 73 per cent of yesterday's figure, standing at VND485.4 billion (US$23.6 million) on a volume of 27.1 million shares.
Of the 10 leading shares by capitalisation, real estate developer Vincom (VIC) hit the floor, while Sacombank (STB) fell 12.6 per cent as it went ex-dividend. PetroVietnam Finance (PVF) and insurer Bao Viet Holdings (BVH) dropped 2.5 and 3.4 per cent respectively.
Four others managed gains between 0.7-2.1 per cent, including Eximbank (EIB), real estate developer Hoang Anh Gia Lai (HAG), software giant FPT (FPT) and food processor Masan.
Property trader Tan Tao (ITA) was the most-active code with more than 1.1 million shares exchange.
On the Ha Noi Stock Exchange, the HNX-Index recovered 1.5 per cent to conclude the session at 66.62 points with nearly half of the listed codes bouncing back.
Trading value, however, decreased 31.5 per cent to VND264.3 billion ($12.8 million) on a volume of 26.75 million shares.
Kim Long Securities Company (KLS) claimed the highest trading volume nationwide, with 3.5 million shares changing hands.
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