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Shares slide on large-caps’ fall
Shares extended losses on Friday morning on low liquidity due to the weak performance of market’s blue-chips.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) slumped 0.48 per cent to close at 872.61 points.
It had climbed 0.8 per cent to close Thursday at 876.83 points.
More than 155.3 million shares were traded on the southern market, worth VND2.5 trillion (US$107.8 million).
Market breadth was negative with 147 gainers and 189 decliners.
The VN30 Index, which tracks the performance of the 30 largest stocks by market capitalisation and liquidity on HoSE, decreased 0.80 per cent to close Friday morning at 813.24 points.
Pillar stocks reported sharp losses such as Vietinbank (CTG), FPT Corporation (FPT), HDBank (HDB), Military Bank (MBB), Masan Group (MSN), Phu Nhuan Jewelry (PNJ), PVPower (POW), Sabeco (SAB), Vingroup (VIC), Vinhomes (VHM), Vinamilk (VNM), VPBank (VPB), Vincom Retail (VRE) and Vietjet (VJC).
On the Ha Noi Stock Exchange (HNX), the HNX-Index was down 0.57 per cent to end Friday morning at 116.25 points.
Nearly 23.8 million shares were traded on the northern market, worth VND278 billion.
The afternoon trading begins at 1 p.m.
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