Shares keep falling on both bourses
Shares at the Vietnamese stock markets continued to fall during the last session of the week amid lower liquidity.
Shares at the Vietnamese stock markets continued to fall during the last session of the week amid lower liquidity.
At the HCM Stock Exchange, the VN-Index lost by 0.34 percent to end at 591.51 points. Trading value fell by 40.8 percent compared with October 23, reaching 1.6 trillion VND (75.4 million USD).
Among the 30 biggest blue chips on the exchange, only five posted price increases, including Casumina rubber producer, Military Bank, PetroVietnam Transportation and the Becamex and Vingroup real estate companies.
Meanwhile, a total of 15 blue chips retreated, pulling the VN30 Index down by 0.21 percent to 629.52 points.
At the Hanoi Stock Exchange, the HNX-Index dropped by 0.3 percent to 87.50 points with a total market turnover of 803.6 billion VND (37.9 million USD). The HNX30 Index, which tracks the top 30 large-cap stocks, also slid by 0.47 percent to 173.39 points.
According to the archived analyses of securities companies, prospects remain bleak. Indices might increase in the next few days but this will be insubstantial, and a continuing decline in share prices is the common prediction in the next one to three months. -VNA
At the HCM Stock Exchange, the VN-Index lost by 0.34 percent to end at 591.51 points. Trading value fell by 40.8 percent compared with October 23, reaching 1.6 trillion VND (75.4 million USD).
Among the 30 biggest blue chips on the exchange, only five posted price increases, including Casumina rubber producer, Military Bank, PetroVietnam Transportation and the Becamex and Vingroup real estate companies.
Meanwhile, a total of 15 blue chips retreated, pulling the VN30 Index down by 0.21 percent to 629.52 points.
At the Hanoi Stock Exchange, the HNX-Index dropped by 0.3 percent to 87.50 points with a total market turnover of 803.6 billion VND (37.9 million USD). The HNX30 Index, which tracks the top 30 large-cap stocks, also slid by 0.47 percent to 173.39 points.
According to the archived analyses of securities companies, prospects remain bleak. Indices might increase in the next few days but this will be insubstantial, and a continuing decline in share prices is the common prediction in the next one to three months. -VNA
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