Both stock indices down on profit-taking
Both stock indices fell on Aug. 23 as many investors began selling shares to make a cash profit after several rising sessions.
Both stock indices fell on Aug. 23 as many investors began selling shares to make a cash profit after several rising sessions.
On the HCM Stock Exchange, the VN-Index plunged 1.17 percent to close at 401.28 points, with losers outnumbering gainers by 143-78.
Market value increased slightly to nearly 499.3 billion VND (24 million), with almost 30 million shares changing hands.
Blue chips tumbled with only three of the 10 largest shares by market capitalisation rising – Eximbank (EIB) and Sacombank (STB), both by 0.7 percent; and dairy producer Vinamilk (VNM), up 0.9 percent.
Meanwhile, insurer Bao Viet Holdings (BVH) dropped 4.2 percent, food producer Masan Group (MSN) closed down 3.5 percent and property developer Vincom (VIC) fell 1.9 percent. Others decreased by less than 1 percent.
Sai Gon Securities Inc (SSI), with 2.74 million shares exchanged, was again the most active stock, closing down 0.5 percent to 19,000 VND (0.91 USD).
In Hanoi, the HNX-Index lost 0.7 percent to finish the day at 69.43 points.
However, trading value in the capital exceeded that on the HCM City bourse, rising more than 55 percent to 564.2 billion VND (27.1 million USD) on a volume of 49.7 million shares.
Advancers outnumbered decliners by 181-73.
Securities shares Kim Long (KLS) and VNDirect (VND) remained the most heavily traded stocks in Hanoi. The two codes saw a total 15.9 million shares changing hands. VND rose 5.6 percent, while KLS rose 1.7 percent./.
On the HCM Stock Exchange, the VN-Index plunged 1.17 percent to close at 401.28 points, with losers outnumbering gainers by 143-78.
Market value increased slightly to nearly 499.3 billion VND (24 million), with almost 30 million shares changing hands.
Blue chips tumbled with only three of the 10 largest shares by market capitalisation rising – Eximbank (EIB) and Sacombank (STB), both by 0.7 percent; and dairy producer Vinamilk (VNM), up 0.9 percent.
Meanwhile, insurer Bao Viet Holdings (BVH) dropped 4.2 percent, food producer Masan Group (MSN) closed down 3.5 percent and property developer Vincom (VIC) fell 1.9 percent. Others decreased by less than 1 percent.
Sai Gon Securities Inc (SSI), with 2.74 million shares exchanged, was again the most active stock, closing down 0.5 percent to 19,000 VND (0.91 USD).
In Hanoi, the HNX-Index lost 0.7 percent to finish the day at 69.43 points.
However, trading value in the capital exceeded that on the HCM City bourse, rising more than 55 percent to 564.2 billion VND (27.1 million USD) on a volume of 49.7 million shares.
Advancers outnumbered decliners by 181-73.
Securities shares Kim Long (KLS) and VNDirect (VND) remained the most heavily traded stocks in Hanoi. The two codes saw a total 15.9 million shares changing hands. VND rose 5.6 percent, while KLS rose 1.7 percent./.
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