Shares retreat as large-caps vary
Shares lost ground on Thursday morning, witnessing struggles with differentiation in pillar codes.
The benchmark VN-Index on the Hồ Chí Minh Stock Exchange slid 0.15 per cent to close at 936.11 points.
The index had extended 0.32 per cent to end the session at 937.68 points on Wednesday.
More than 105.9 million shares were traded on the southern bourse on Thursday morning, valued at VNĐ1.75 trillion (US$75 million).
The market breadth was negative as decliners outnumbered gainers by 203 to 110.
The stocks that put strong pressure on the VN-Index were Vinhomes (VHM), Vietcombank (VCB), Bank for Investment and Development of Viet Nam (BID), Vietinbank (CTG), Novaland (NVL) and VPBank (VPB). VHM decreased 0.6 per cent, VCB lost 0.4 per cent, BID dropped 0.6 per cent and CTG declined 1.1 per cent.
Meanwhile, PetroVietnam Gas JSC (GAS) and Sabeco (SAB) were the two major contributors to the VN-Index. GAS increased by 1.5 per cent, SAB increased by 1.9 per cent.
Retail, wholesale, agriculture, insurance, food and beverage, construction, securities, information and technology, oil and gas, banking, and rubber production were the among the losers.
The sector indices declined between 0.06 per cent and 1.26 per cent, according to vietstock.vn.
The VN30-Index, which tracks the performance of the 30 largest stocks by market capitalisation and liquidity on HoSE, lost by 0.28 per cent to 860.78 points.
On the Hà Nội Stock Exchange, the HNX-Index dropped 0.67 to end the morning session at 107.78 points.
The northern index had climbed 3.57 per cent to end Wednesday at 108.51 points.
More than 23.5 million shares were traded on the northern bourse for VNĐ263 billion.