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Shares lose ground on profit-taking
Shares fell this morning on the two stock exchanges, ending a six-day rally, as profit-taking pressures continued to rise.
On the HCM Stock Exchange, the VN-Index dropped 0.75 per cent to end at 587.17 points, while the VN30, which tracks the top 30 shares by market value and liquidity, was also down 0.78 per cent to stand at 631.36 points.
The market condition was negative as the losers outnumbered the gainers by 166 to 45, and 91 stocks closed flat.
Liquidity improved slightly over yesterday morning, with more than 76 million shares, worth VND1.06 trillion or US$50.2 million, being exchanged by the end of the morning.
FLC Group (FLC) remained the most active code with the trading of more than 14 million shares, falling 2.31 per cent to end at VND12,700 per share.
On the Ha Noi Stock Exchange, the HNX-Index inched down 0.63 per cent to close at 78.64 points, with over 49 million shares worth VND530 billion or $25.1 million being traded.
The losers were twice the number of gainers, while 186 codes remained unchanged.
PetroVietnam Construction Corp (PVX) continued to lead the trading here with nearly 3.5 million shares being exchanged, falling 4.3 per cent to finish at VND4,500 per share.
The trading will resume at 1pm.
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