The VN Index fell below 590 points on June 25, marking the thirdconsecutive decline. Total market liquidity decreased against theprevious session and traders put a strong selling pressure on bluechips.
Overall, the national stock market traded a total of 162million shares, worth 2.25 trillion VND (104.3 million USD), a decreaseof 18 percent over the previous day.
On the Hochiminh Stock Exchange, VN-Index was down 0.34 percent to 587.99 points.
Declining shares outnumbered gainers by 138 to 58 while 108 others remained unchanged.
Bankshares either declined or remained flat, except the Bank for Investmentand Development of Vietnam (BID). It made a slight gain of 0.44 percentto reach 22,700 VND per share. Bank shares also had high marketliquidity.
While gas shares showed no improvement in marketvalue, securities shares stayed positive. HCM City SecuritiesCorporation (HCM) gained 1.43 percent when Saigon SecuritiesIncorporation (SSI) and Agribank Securities JSC (AGR) rose by 0.42 and1.59 percent, respectively.
Blue chips in the VN30 basket had abad day, forcing the VN30 Index to drop 0.2 percent to 609.49 pointswith 17 decliners and only six gaining codes. Those gainers includedVietnam Dairy Products JSC (VNM) with a growth of 1.83 percent to111,000 VND per share.
Shares with low market value stillattracted investors during yesterday's session. FLC Group (FLC) closedas the most active code on the market with 17 million shares tradedafter falling 3.37 percent in market value.
On the Hanoi StockExchange, the HNX Index ended almost flat, losing 0.02 percent to end at86.44 points with balance number between decliners and gainers, whichwas 92. Blue chips on the northern bourse were also down. The HNX30Index fell by 0.45 percent to 165.84 points.
Bank shares andsecurities shares were mixed. Asia Commercial Bank (ACB) ended at 21,600VND per share, an increase of 0.93 percent while Saigon-Hanoi Bank(SHB) was unchanged.
IB Securities JSC (VIX) and Saigon-HanoiSecurities JSC (SHS) decreased in values while Vietnam InvestmentSecurities Company (IVS) stayed the same and VNDirect Securities JSC(VND) rose by 0.73 percent. FIT Investment JSC (FIT) traded 8 million ofits shares to become the most active code on the northern bourse. Theshare dropped 2.31 percent to 12,700 VND per share.
Foreigninvestors bought a total value of 7.49 billion VND (346,500 USD) shareson the northern market and a total sell value of 87 billion VND (4million USD) on the southern bourse.-VNA
Overall, the national stock market traded a total of 162million shares, worth 2.25 trillion VND (104.3 million USD), a decreaseof 18 percent over the previous day.
On the Hochiminh Stock Exchange, VN-Index was down 0.34 percent to 587.99 points.
Declining shares outnumbered gainers by 138 to 58 while 108 others remained unchanged.
Bankshares either declined or remained flat, except the Bank for Investmentand Development of Vietnam (BID). It made a slight gain of 0.44 percentto reach 22,700 VND per share. Bank shares also had high marketliquidity.
While gas shares showed no improvement in marketvalue, securities shares stayed positive. HCM City SecuritiesCorporation (HCM) gained 1.43 percent when Saigon SecuritiesIncorporation (SSI) and Agribank Securities JSC (AGR) rose by 0.42 and1.59 percent, respectively.
Blue chips in the VN30 basket had abad day, forcing the VN30 Index to drop 0.2 percent to 609.49 pointswith 17 decliners and only six gaining codes. Those gainers includedVietnam Dairy Products JSC (VNM) with a growth of 1.83 percent to111,000 VND per share.
Shares with low market value stillattracted investors during yesterday's session. FLC Group (FLC) closedas the most active code on the market with 17 million shares tradedafter falling 3.37 percent in market value.
On the Hanoi StockExchange, the HNX Index ended almost flat, losing 0.02 percent to end at86.44 points with balance number between decliners and gainers, whichwas 92. Blue chips on the northern bourse were also down. The HNX30Index fell by 0.45 percent to 165.84 points.
Bank shares andsecurities shares were mixed. Asia Commercial Bank (ACB) ended at 21,600VND per share, an increase of 0.93 percent while Saigon-Hanoi Bank(SHB) was unchanged.
IB Securities JSC (VIX) and Saigon-HanoiSecurities JSC (SHS) decreased in values while Vietnam InvestmentSecurities Company (IVS) stayed the same and VNDirect Securities JSC(VND) rose by 0.73 percent. FIT Investment JSC (FIT) traded 8 million ofits shares to become the most active code on the northern bourse. Theshare dropped 2.31 percent to 12,700 VND per share.
Foreigninvestors bought a total value of 7.49 billion VND (346,500 USD) shareson the northern market and a total sell value of 87 billion VND (4million USD) on the southern bourse.-VNA
