Friday, September 22 2017

VietNamNews

Shares decline on both bourses

Update: December, 30/2014 - 09:03
The VN-Index on the HCM City Stock Exchange lost 0.13 per cent to end at 532.68 points. — Photo tinnong
HA NOI (VNS)  — Shares plunged into the red across the electronic board yesterday on both national stock exchanges.

The VN-Index on the HCM City Stock Exchange lost 0.13 per cent to end at 532.68 points.

The total transaction value reached nearly VND1.8 trillion (US$84.5 million) on a volume of 104.1 million shares.

However, blue chips were mixed and pushed the VN30 Index to an increase of 0.16 per cent to close at 583.36 points.

The gainers included property developer FLC (FLC), which hit the ceiling price of VND10,100 with 18.4 million shares changing hands. FLC was also identified as the most active stock. Meanwhile, the HCM City Infrastructure Investment (CII), steelmaker Hoa Phat (HPG) and Vietcombank (VCB) rose strongly by 2.9–4.3 per cent.

In contrast, insurer Bao Viet (BVH), HCM City Securities (HCM), Pha Lai Thermalpower (PPC) and PetroVietnam Drilling Services (PVD), as well as PetroVietnam Transportation (PVT), dropped between 2.4–6 per cent.

Notwithstanding the performances of FLC, CII, Kinh Bac Urban City (KBC) and PetroVietnam Construction (PVX), many real estate shares plummeted by 3–7 per cent with the strong sale.

On the Ha Noi Stock Exchange, the HNX-Index tumbled by 1.84 per cent to close the session at 79.64 points.

The value of the transactions reached only VND533.1 billion ($25 million) as over 48 million shares were traded.

The HNX30 Index retreated more heavily at 2.78 per cent and stood at 151.39 points. — VNS


Send Us Your Comments:

See also: