Monday, August 21, 2017 - 9:59:08

Blue chips drive market down

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Large-cap stocks weakened in the afternoon of May 11 after making some progress in the morning, resulting in the decline of indices on both bourses.

On the Hochiminh Stock Exchange, the VN-Index edged down 0.51 percent to end at 551.67 points.

Of all stocks, declining codes outnumbered advancing ones by 126 to 79 and 98 others stayed flat.

Market liquidity increased in comparison to last Saturday. More than 108 million shares were traded for a total value of 1.6 trillion VND (74.2 million USD).

The VN30 Index, tracking the 30 largest codes by market value and liquidity, decreased by 0.6 percent to end at 579.41 points.

In this basket, the number of gainers was a quarter the number of losers by five to 19.

On the Hanoi Stock Exchange, the HNX-Index decreased by 0.66 percent to finish at 79.76 points. Losing stocks slightly outnumbered gainers by 104 to 76 and 186 flat stocks.

The market liquidity slightly improved compared to the previous session. More than 41 million shares were traded for 429 billion VND (20 million USD).

The HNX30 Index lost 0.97 percent to close at 149.77 points. In this basket, the number of losers tripled that of gainers by 16 to five.

Foreign investors extended their positive movement on the market, however, a total net buy value slightly decreased by 14 percent to 63.6 billion VND (2.9 million USD).-VNA
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