Profit taking sends shares down

Sep 9th at 16:19
09-09-2014 16:19:08+07:00

Profit taking sends shares down

Shares nationwide lost ground this morning and profit-taking drove up trading value.

On the HCM City Stock Exchange, the VN-Index shed 0.72 per cent to 635.23 points.

The value of transactions doubled that of yesterday morning's session to nearly VND2.3 trillion (US$108.4 million). Trading volume also climbed to 131.5 million shares.

Nearly two-thirds of the 30 blue chips tracked by the VN30 Index lost value, while only eight managed to rise. The index closed 0.69 per cent lower to 674.12 points.

On the Ha Noi Stock Exchange, the HNX-Index also slid 1.13 per cent to 88.68 points on a turnover of VND816 billion ($38.4 million).

The HNX30 Index, tracking the exchange's 30 largest shares by capitalisation and liquidity, declined 1.24 per cent, reaching 183.06 points.

bizhub



NEWS SAME CATEGORY

Shares rise on both exchanges

Shares continued to rise in Ha Noi and reversed their losses in HCM City this morning.

Shares recover as cash flows increase

Shares recovered slightly this morning, thanks to strong cash flows in the two markets.

Vietnam rally fails to alarm bulls as stocks hit ’08 high

Equity strategists are boosting forecasts for Vietnam stocks as growing confidence in Southeast Asia’s sixth-largest economy sends the benchmark index to its...

Share listing increases foreign ownership of Masan

Foreign ownership in private equity group Masan (MSN) yesterday rose to 48.06 per cent as the group registered to list an additional 896,802 shares.

Market growth slows as profit taking rises

Stocks continued to rise on the two markets this morning, but the growth slowed down as profit-taking activity increased.

G-bond auctions raise $1.05 billion in August

The Ha Noi Stock Exchange (HNX) has announced that it held seven Government bond (G-bond) auctions in the primary market that raised VND22.03 trillion (US$1.05...

Stocks climb on strong cash flows

Stocks opened higher this morning as investors continued to pour money into the market after a long holiday.

Optimism drives stock market gains

The stock market continued to gain strongly last week. On the Ha Noi Stock Exchange, the HNX-Index jumped 4.4 per cent compared with the previous Friday's close to...

Shares jump ahead of holiday

Contrary to the usual practice, the domestic stock market continued to increase before the upcoming four-day holiday.

Asian markets mixed as Viet Nam shares rise

Asian stocks ended mixed on the last trading day of the week even as Viet Nam shares continued on August 29's upmarket trend.

TRENDING


MOST READ


Back To Top