Shares ease on low demand

Jul 16th at 13:52
16-07-2020 13:52:10+07:00

Shares ease on low demand

Shares eased on Thursday morning on low liquidity due to weak market sentiment as investors are holding back their trading with little capital injection.

 

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) slumped 0.04 per cent to close at 869.55 points.

It had risen 0.21 per cent to close at 869.91 points.

More than 131 million shares were traded on the southern market, worth VND2 trillion (US$86 million).

Market breadth was negative with 139 gainers and 197 decliners.

The VN30 Index, which tracks the performance of the 30 largest stocks by market capitalisation and liquidity on HoSE, decreased 0.02 per cent to close Thursday morning at 810.00 points.

Pillar stocks reported sharp losses such as Bank for Investment and Development of Viet Nam (BID), Vietinbank (CTG), FPT Corporation (FPT), HDBank (HDB), Military Bank (MBB), Mobile World Group (MWG), Novaland (NVL), Techcombank (TCB), Vietcombank (VCB), Vinhomes (VHM) and VPBank (VPB).

On the Ha Noi Stock Exchange (HNX), the HNX-Index was down 0.39 per cent to end Thursday morning at 115.46 points.

More than 21.5 million shares were traded on the northern market, worth VND257 billion.

The afternoon trading begins at 1 p.m. 

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