Shares slide in morning trading

May 19th at 13:35
19-05-2014 13:35:49+07:00

Shares slide in morning trading

Shares tumbled this morning on both the national stock exchanges, following a week of decline.

 

On the HCM City Stock Exchange, the VN-Index lost 1.29 points or as much as 0.24 per cent to end at 528.2 points.

However, the VN30-Index, comprising the southern bourse's largest stocks by capitalisation and liquidity, edged up 0.45 per cent to close at 584.53 points.

Despite the losers outnumbering the gainers by 15 to 11, the gain was mainly registered by the Hoa Sen Group (HSG) which added VND3,000, or $0.14, to its ceiling price of VND46,700, or $2.2, a share.

More than 59.7 million shares were traded on the southern bourse this morning, worth VND851.3 billion, or $40.5 million.

The HNX-Index on the Ha Noi Exchange dropped 0.57 per cent to end this morning at 71.9 points, while the HNXFF-Index lost 0.59 per cent to finish at 72.35 points.

Tracking the top stocks, the HNX30-Index slid by 0.3 per cent to end at 140.42 points.

With more than 27.4 million shares changing hands, the trading value reached nearly VND229 billion, or $10.9 million.

bizhub



NEWS SAME CATEGORY

Foreign investors cushion fall

Continuous foreign buying last week helped cushion the market fall, but escalating tensions between Viet Nam and China is expected to impact the stock market in the...

Foreign buys lift local markets

Consistent buying by foreign investors in the past few days has helped calm domestic investors and encouraged them to put money into stocks, lifting indices on both...

Stocks make modest gains as investors remain cautious

Shares posted modest gains this morning, but trading remained sluggish as investors were still cautious about the market outlook.

Shares tumble on protest violence

Stocks declined on both national stock exchanges in yesterday's session, an unexpected move after the morning's increases, although foreign investors continued to...

Fears of bull trap slows down bourses

Stocks continued to rise this morning but slowly, as investors were cautious of a potential "bull trap".

Shares climb on bargain hunting

Shares rebounded yesterday on both stock exchanges, fuelled by speculation that the market would rise in the coming days, after falling to some of the lowest levels...

Foreign buys fail to lift market

Local investors continued to unload shares on growing pessimism yesterday, although the low prices attracted foreign bargain-seekers.

E Sea tensions keep indices down

Shares fell further yesterday afternoon as investors increased selling on fears of rising East Sea tensions between Viet Nam and China.

East Sea tension weighs on national stock indices

Shares closed lower last week on both national stock exchanges as the market witnessed the largest-ever retreat on Thursday over fears of ongoing-East Sea tensions.

SSC to hold firm on market trading bands: Chairman

The Chairman of the State Securities Commission, Vu Bang, confirmed on Thursday his agency would not adjust stock trading bands, refuting rumors that the regulator...

TRENDING


MOST READ


Back To Top