VN Index falls as blue chips slide
VN Index falls as blue chips slide
The national stock market ended mixed this morning, with VN Index falling and HNX Index continuing to rise.
Both were affected by the performance of the blue chips on the market.
On the HCM Stock Exchange, the VN-Index lost 0.1 per cent to close at 572.37 points, in a mixed performance demonstrated by the balance between the gainers and the losers.
The VN30 closed almost unchanged at 594.24 points, lower than the last session.
The market liquidity dropped sharply. By the end of the morning session, the trading volume was 66.5 million shares, worth VND976.4 billion (US$45.2 million).
Bank shares remained the major force that helped the market to avoid further falls. Four of the six bank codes on the market improved.
FLC Group (FLC) declined after a series of impressive performances, ending at VND9,400. A total of 9.7 million of its shares were traded, half the number in yesterday's session.
Ocean Group JSC (OGC) kept up hitting the ceiling price of VND2,800.
On the Ha Noi Stock Exchange, the HNX-Index continued to rise. The northern bourse gained 0.18 per cent to close at 83.8 points. The total trading volume was 29.4 million shares, valued at VND314 billion ($14.5 million).
On the northern market, the number of losers was almost double that of gainers by 95 to 59.
KLF Investment JSC (KLF) and Saigon Commercial Real-Estate JSC (SCR) were the two codes that traded more than three million shares this morning. Both of them remained unchanged.
The afternoon session will begin at 1pm.
