Shares plunge as large-caps tumble

Shares dropped sharply on Monday morning as a series of blue-chip stocks fell amid low trading liquidity.

 

The benchmark VN-Index on the Ho Chi Minh Stock Exchange lost 2.65 per cent to close at 908.36 points.

The VN-Index had fallen 0.46 per cent last week.

More than 184 million shares were traded on the southern bourse, worth nearly VND3 trillion (US$146.5 million).

The market breadth was negative with 301 gaining stocks and 35 declining stocks.

The large-cap tracker VN30-Index decreased by 3 per cent to close at 842.80 points.

All of the 30 largest stocks by market value and trading liquidity in the VN30 basket declined.

Large-cap decliners included Bao Viet Holdings (BVH), FPT Corporation (FPT), Masan Group (MSN), Vingroup (VIC), Vinamilk (VNM), Vietjet Air (VJC), Mobile World Group (MWG), Bank for Investment and Development of Vietnam (BID), Vietcombank (VCB), Vietinbank (CTG), VPBank (VPB), Techcombank (TCB) and Military Bank (MBB).

On the Ha Noi Stock Exchange, the HNX-Index dropped 3.06 per cent to end at 104.78 points.

The northern market index had fallen 1.50 per cent last week.

Nearly 51.9 million shares were traded on the northern bourse, worth VND530 billion.

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BID 34,300 2,200 +6.85%
BVH 42,300 2,750 +6.95%
CTG 18,800 500 +2.73%
FPT 44,600 2,300 +5.44%
MBB 14,750 500 +3.51%
MSN 52,300 3,100 +6.30%
MWG 65,400 4,200 +6.86%
TCB 15,850 350 +2.26%
VCB 65,500 500 +0.77%
VIC 91,000 5,000 +5.81%
VJC 99,900 700 +0.71%
VNM 95,000 1,000 +1.06%
VPB 17,550 300 +1.74%

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