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Stock market falls on low liquidity
The national stock market declined on low liquidity this morning.
On the HCM Stock Exchange, the VN-Index fell by 0.41 per cent to end at 565.98 points. The losers outnumbered the gainers by 128 to 50.
The market trading volume was low, with more than 38.8 million shares being traded, worth VND673 billion (US$31.1 million), by the end of the morning.
The VN30 Index, tracking the top 30 shares by market value and liquidity, was down 0.32 per cent to close at 597.20 points. In this basket, the number of gainers was one-sixth that of the losers, being three and 20 respectively.
The Hoang Huy Investment Services Joint Stock Company (HHS) was the only stock that traded more than four million shares. Its price per share stood at VND20,200.
On the Ha Noi Stock Exchange, the HNX-Index dropped by 0.26 per cent to close at 83.39 points. The number of losing stocks was almost double the number of gainers at 98 to 50.
The trading volume was very low, with more than 16.7 million shares being traded, worth VND232 billion ($10.7 million).
Only three stocks traded more than one million shares. FIT Investment JSC (FIT) was the most active stock, trading more than 2.2 million shares. It gained 0.68 per cent to stand at VND14,700.
The afternoon session will start at 1pm.
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