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Stocks fall on second day amidst mounting pessimism
Stocks continued to decline this morning on the two exchanges as investor pessimism remains high.
On the HCM Stock Exchange, the VN-Index lost another 0.29 per cent to close at 568.72 points, and the VN30, which tracks the top 30 shares by market value and liquidity, fell by a more substantial 0.62 per cent to end at 594.76 points.
Liquidity remained as low as 49 million shares worth VND765 billion (US$35.7 million) were traded by the end of the morning.
The market condition was negative when the decliners more than doubled the advancers.
FLC Group (FLC) was once again the leading share, with 4.5 million shares being exchanged at VND10,200 each.
On the Ha Noi Stock Exchange, the HNX-Index was down 0.85 per cent at 83.70 points, with the trading value reaching over VND287 billion ($13.4 million).
The market breadth was also very negative here as the losers nearly tripled the losers.
The afternoon session will start at 1pm.
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