Markets end lower in early trading
Markets end lower in early trading
The national stock market ended lower on low liquidity in the first morning session after the holidays.
The VN-Index on the HCM City Stock Exchange ended at 558.87 points, 0.63 per cent lower in comparison to the last session before the holidays.
However, the market's trading volume and value remained low, with more than 43.6 million shares being traded, worth VND668.5 billion (US$30.9 million).
The VN30-Index, tracking the southern bourse's largest shares by capitalisation and liquidity, also ended lower, decreasing by 0.68 per cent to close at 589.10 points.
In this basket, the losers outnumbered the gainers by 22 to four, while four stocks remained flat.
The four gainers were Kinh Bac City Development Holding Corporation (KBC), Ma San Group (MSN), Vietcombank (VCB) and Vinh Son - Song Hinh Hydropower JSC (VSH). On the contrary, FPT Corporation (FPT) had the sharpest drop of VND1,000 to stand at VND50,500 each.
On the northern exchange, the HNX-Index dropped 1.45 per cent to stand at 81.55 points. The HNX30-Index, comprising the largest shares, fell by 1.8 per cent to stand at 154.4 points.
Liquidity on the northern market was also low, with more than 21.6 million shares being traded, worth VND253 billion ($11.7 million).
The afternoon session will start at 1pm.
