Shares opens week in negative zone
Shares opens week in negative zone
Shares opened the new week’s trade in negative territory on the two exchanges as investors continued their profit-taking.
The VN-Index on the HCM Stock Exchange was down 0.48 per cent at 935.61 points on Monday morning.
In the north, the HNX-Index slumped 1.03 per cent to 112.63 points on the Ha Noi Stock Exchange.
Vinamilk (VNM), the largest listed stock by market value, maintained the uptrend this morning with a growth of 2.9 per cent, the most significant gainer among the VN30 (tracking the top 30 largest shares by market value and liquidity on the HCM City’s bourse). However, its gain failed to rescue the VN-Index from a fall, with 23 stocks of the VN30 declining and only six advancing.
Major losers included FLC Faros Construction (ROS), down 6.2 per cent, and brewer Sabeco (SAB), down 2.3 per cent.
Overall market condition was also negative with the number of decliners overwhelming advancers by 282 and 114 on the two markets. Some 325 stocks remained unchanged.
A total of 149 million shares worth VND2.9 trillion (US$127 million) were traded on the two markets.
The afternoon session starts at 1pm.
