VN-Index drops on pessimistic note
VN-Index drops on pessimistic note
Vietnam’s benchmark VN-Index recovered slightly on June 21 as positive economic data that showed Hanoi City’s consumer price index fall by 0.17 percent in June compared to previous months had not lightened investor caution.
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| Source: VietstockFinance |
The measure of 303 companies and five mutual funds listed on the Ho Chi Minh City Stock Exchange rebounded 0.42 percent, or 1.81 points, to close at 432.89 points.
On the benchmark, 123 stocks strengthened, 99 weakened, while 86 remained unchanged.
Trading on the city bourse dropped by 50.4 per cent in volume, and 46.5 per cent in value over the previous trading session as more than 34 million shares changed hands at a total value of VND615.5 billion.
Saigon Thuong Tin Joint Stock Commercial Bank or Sacombank (STB) won a spot in most active share in volume with 2.49 million shares changing hands.
Tan Tao Investment Industry Corporation (ITA) dropped to second place with 1.14 million shares.
Saigon Securities Inc. (SSI) came next with 1.03 million shares traded.
COMA 18 Joint Stock Company (CIG) and Ben Tre Forestry & Aqua Product Import Export Joint Stock Company (FBT) soared 5 percent to close at VND4,200, and VND12,600 respectively.
Vietnam Golf Tourism Joint Stock Company (VNG) retrieved 4.92 percent to close at VND6,400.
Long Hau Corporation (LHG) shot up 4.9 percent to close at VND15,000.
Power Engineering Consulting Joint Stock Company No.1 (TV1) shrank 16.28 percent to close at VND7,200.
Transport Engineering Construction & Business Investment Joint Stock Company 584 (NTB) isolated 8.47 percent to close at VND5,400.
Sonadezi Long Thanh (SZL) eluded 5.16 percent to close at VND14,700.
The VN30 Index - a free-float adjusted, market cap-weighted index of 30 stocks with the highest market value and liquidity on the exchange – revived 1.56 points, or 0.31 percent, to end at 508.23. Among its 30 members, 13 stocks escalated, 8 decelerated, and 9 remained unmoved.
Hanoi’s HNX-Index of the smaller bourse in the north recaptured 0.38 percent, or 0.28 points, to close at 74.36 points with 134 winners, 69 losers, and 90 stocks treading water. Around 23.96 million shares changed hands at a total value of VND261.43 billion.
Meanwhile, the UPCoM-Index of unlisted shares was unchanged at 36.31 points. A total of 345,550 shares changed hands at VND2.02 billion.
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