Shares retreat on selling pressure
Shares retreat on selling pressure
Shares failed to maintain growth on Tuesday morning as selling pressure increased during the trading session.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange lost 0.01 per cent to 914.56 points.
It had gained 0.52 per cent to close at 914.68 points on Monday.
More than 275 million shares were traded on the southern bourse, worth VND4.6 trillion (US$199 million).
Selling pressure increased during morning session, weighing down many large-cap stocks.
Major decliners included Vietinbank (CTG), FPT Corporation (FPT), Phu Nhuan Jewelry (PNJ), PVPower (POW), SSI Securities Incorporation (SSI), Techcombank (TCB), Vingroup (VIC), Vietjet (VJC) and Vinamilk (VNM).
On the Ha Noi Stock Exchange, the HNX-Index was up 0.15 per cent to close Tuesday morning at 137.40 points.
More than 37 million shares were traded on the northern exchange, worth VND485 billion.
The afternoon trading session starts at 1pm.
