National stocks continue to close in red
National stocks continue to close in red
Shares extended their losing streak on both national stock exchanges.
The VN-Index on the HCM City Stock Exchange declined another 0.4 per cent to finish this September 19 morning's session at 393.05 points.
The value of trades improved, however, with heavy selling to VND444.7 billion (US$21 million).
Bucking the general trend, some blue chips managed to post gains, including insurer Bao Viet Holdings (BVH), HCM City Infrastructure Investment Co (CII), Da Nang Rubber Co (DRC), steelmakers Hoa Phat (HPG) and Hoa Sen (HSG), PetroVietnam Drilling Services Co (PVD), Refrigeration Electrical Engineering Co (REE) and Vinamilk (VNM).
However, they still failed to lift the VN30, which went down nearly 1 per cent to 455.98 points.
On the Ha Noi Stock Exchange, the benchmark HNX-Index shed another 1.8 per cent, reaching only 55.48 points. The HNX30, tracking the bourse's 30 leading shares in terms of capitalization and liquidity, also fell 1.4 per cent to 103.37 points.
Market value and volume fetched VND195.24 billion ($9.2 million) and 24.3 million shares, respectively, doubling yesterday morning's level.
Trading will resume at 1 pm and close at 2.15 pm
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