Shares see falling trade on negative sentiment

Oct 19th at 12:53
19-10-2012 12:53:15+07:00

Shares see falling trade on negative sentiment

Shares closed in the green this October 19 morning on the HCM City Stock Exchange while sinking into the red in Ha Noi.

The HCM City benchmark VN-Index edged up 0.03 per cent, reaching 398.64 points. Most of the shares finished unchanged from yesterday's session, while only 50 listed codes managed to advance.

Trading value and volume fetched VND328.3 billion (US$15.6 million) and 26.46 million shares, respectively.

Meanwhile, the VN30 – representing the bourse's 30 largest stocks – retreated 0.13 per cent to 471.34 points as over two-thirds of the blue-chips tumbled. Notably, property developer Dic Corp (DIG) plunged to the floor, financiers Ocean Group (OGC) and PetroVietnam Finance (PVF) lost 3.4 and 3.7 per cent.

Only four stocks among this group added value, including Gemadept Logistic (GMD), commercial baker Kinh Do (KDC), Phu Nhuan Jewelry (PNJ) and Vinamilk (VNM).

On the Ha Noi Stock Exchange, the HNX-Index slid 1.38 per cent to just 55.05 points. Losers largely outnumbered gainers by 115-48.

The total market value reached VND170.45 billion ($8.1 million) as 23.27 million shares changed hands.

The HNX30, tracking the capital city's top stocks, also dropped 2.5 per cent to 103.10 points.

Afternoon trading will start at 1pm.

vietnamnews



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