|
Shares continue to slide in HCM City, rebound in Ha Noi
Shares continued to slide on the southern bourse this morning, but rebounded in the final minutes of trading on the northern bourse.
The HNX-Index on the Ha Noi Stock Exchange regained 0.17 per cent to finish today at 65.13 after it hit an all-time record low yesterday of 65 points.
Market volume, however, decreased by 11 per cent over yesterday, totalling 24.6 million shares worth just VND262.6 billion ($12.5 million).
Despite mounting concerns over the liquidity of small securities firms, brokerage houses were still the most favoured codes in Ha Noi, with Kim Long Securities Co (KLS) and VNDirect Securities Co (VND) again being the most active stocks, with 2.78 million KLS shares and 1.8 million VND shares exchanged.
Meanwhile in HCM City, the VN-Index closed off 0.47 per cent at 408.60 points, with decliners outnumbering advancers by 121-90.
Today's trading value fell slightly to nearly VND557.7 billion (US$26.6 million), while the volume of trades slumped 15 per cent to just 29.8 million shares.
Blue chips continued to fall while only two of the 10 largest shares by market capitalisation posted gains. They were Phu My Fertiliser (DPM) with a rise of 1.3 per cent and PetroVietnam Finance (PVF) up 1.8 per cent.
Military Bank (MBB) was the most active code in HCM City, with over 1.1 million shares changing hands, but it finished the day 2.4 per cent down at VND12,000 ($0.57).
vietnamnews
|
