Market fell deeper this morning

May 18th at 14:29
18-05-2015 14:29:26+07:00

Market fell deeper this morning

This morning, the national stock market dropped farther due to the release of last Friday's data on low liquidity and declining blue chips.

The VN-Index on the HCM City Stock Exchange lost 0.8 per cent to end at 533.14 points, with decliners outnumbering advancers by 168 to 39.

The market's trading volume and value remained low, with more than 54 million shares being traded at a value of VND872.8 billion (US$40.4 million).

The VN30-Index, which tracks the southern bourse's largest shares by capitalisation and liquidity, decreased by 1 per cent to stand at 556.24 points.

In this basket, losers outnumbered gainers by 24 to three.

FLC Group (FLC) was the most active code on the market, with more than 7.7 million shares being traded, and was also among the only three gainers in the VN30 basket, the others being Ma San Group (MSN) and Da Nang Rubber JSC (DRC).

On the northern exchange, the HNX-Index dropped 1.31 per cent to 77.18 points, with the number of losers tripling the number of gainers.

Also, the HNX30-Index, comprising the largest shares, fell by 1.69 per cent to stand at 143.78 points.

Liquidity on the northern market was also low, with more than 21 million shares being traded at a value of VND218 billion ($10 million).

KLF was the only stock that traded more than 3 million shares, though its market value stood still, compared to last Friday.

The afternoon session will start at 1pm.

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