Shares drop due to profit-taking

Apr 9th at 12:04
09-04-2021 12:04:39+07:00

Shares drop due to profit-taking

Shares extended losses on Friday morning as multiple large-cap stocks suffered profit-taking pressure right from the beginning of trading.

 

On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index lost 0.39 per cent to 1,230.09 points with the market breadth turning negative. During the morning session, 228 stocks decreased while 196 stocks increased.

The market's liquidity stayed high with over 664.6 million shares traded, worth over VNĐ14 trillion.

The VN30-Index decreased 0.01 per cent to 1,251.66 points. Of the VN30 basket, 11 stocks gained while 18 slid.

Stocks that suffered selling pressure were Masan Group (MSN), Vingroup (VIC), Vietcombank (VCB) and Military Bank (MBB).

On the Ha Noi Stock Exchange (HNX), the HNX-Index lost 0.07 per cent to 293.54 points.

bizhub



RELATED STOCK CODE (4)

NEWS SAME CATEGORY

VN-Index dips as banking stocks tumble

Vietnam’s benchmark VN-Index fell 0.6 percent to 1,234.89 points Thursday, ending a chain of eight gaining sessions, with two banks leading the blue-chip decline.

VPS surges past long-time leader SSI to become top securities brokerage

There is a new leader in the securities brokerage industry with VPS Securities Joint Stock Company dislodging long-time incumbent SSI Securities Corporation from...

Shares rise for eight consecutive sessions, VN-Index hits new high

Shares gained for the eighth consecutive trading session Wednesday thanks to increased buying force as market sentiment improved when the VN-Index hit a new high.

Shares gain on late buying force 

Shares reversed to finished higher on Wednesday morning thanks to increased buying force in the final minutes of trading.

Foreign investments might flow into Viet Nam's stock market from the second half of 2021: BVS

Bao Viet Securities Company (BVS) expects Viet Nam's stock market might attract up to US$1.4 billion from index tracking funds, if Viet Nam is officially upgraded...

Shares rise on growth of pillars and energy stocks

Shares ended on a positive note on Tuesday thanks to cash flow that continued pouring into pillars as well as oil and gas stocks.

Wave of massive net selling by foreign investors

The month of March saw several foreign investors net sell shares on HOSE to the tune of VND 12,000 bn. This is the sixth consecutive month of net selling by foreign...

VN-Index rises slightly on Tuesday morning

The benchmark VN-Index inched higher on Tuesday morning on bank and real estate stocks but losses in many large-caps capped the gain.

Bolster stock markets to withstand external shocks

The financial markets as well as the stock markets in Vietnam have been significantly affected by the sluggish global economy and the uncertainty in global...

Shares gain on bank and real estate stocks

The market closed higher on Monday as a series of banking and real estate stocks surged, propelling the indices.

TRENDING


MOST READ


Back To Top