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VN-Index slides as blue chips fall
Shares closed in the red this morning, after experiencing strong fluctuations on the HCM Stock Exchange.
The benchmark VN-Index fell below 600 points to end at 599.84 points, despite the gainers outnumbering the losers by 100 to 85, with 120 stocks remaining unchanged.
The fall of several blue chips, including Masan Group (MSN), Bao Viet Holdings (BVH) and Vietcombank (VCB), was the main cause of the index's slide.
The VN30, which tracks the top 30 shares by market value and liquidity, also inched down 0.04 per cent to stand at 629.43 points.
Liquidity remained positive, with 73 million shares, worth VND1.33 trillion (US$62.2 million), being traded by the end of the morning.
HAI Agrochem Co (HAI) continued to be the most active stock, with the trading of 7.2 million of its shares, but the share price fell another 5.66 per cent to finish at VND15,000 ($0.71) per share.
On the Ha Noi Stock Exchange, the HNX-Index extended yesterday's rally by another 0.25 per cent to end at 87.07 points.
Trading increased slightly compared with yesterday, as the market volume reached 36 million shares, worth VND507 billion ($23.7 million).
The afternoon session will begin at 1pm.
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