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Indices down on tumbling large-cap shares
Shares on both national stock exchanges opened their first session of the week in the red this morning.
On the HCM Stock Exchange, the VN-Index lost 1.3 per cent, ending the session at 434.43 points.
Losers outnumbered gainers by 144-81.
Trades were sluggish, with only 35.3 million shares exchanged. Market value dropped 10.2 per cent from Friday's close to VND642.6 billion (US$31 million).
None of the 10 leading shares by capitalisation posted any gains. Only Sacombank (STB) and real estate developer Vincom (VIC) managed to tread water, while insurer Bao Viet Holdings (BVH) bottomed out and others fell around 0.4 – 4.2 per cent.
Meanwhile on the Ha Noi Stock Exchange, the HNX-Index retreated nearly 1.6 per cent to conclude the session at 73.40 points.
Losers outnumbered gainers by three-fold.
The value of trades only reached VND392.5 billion ($19 million) on a volume of 35.4 million shares, dropping 6 per cent in value and 3.5 per cent in volume.
Kim Long Securities Company (KLS) was still the most active code nationwide, with 2.9 million shares changing hands.
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