Thursday, August 24, 2017 - 17:40:23

Stock market continues downward trend

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Shares continued to lose ground on June 14 on the nation's stock exchanges.

On the HCM bourse, the VN-Index declined by another 0.5 percent to close at 425.28 points.

The value of trades fell by half from the previous day's level to 767 billion VND (36.5 million USD), as demand continued to shrivel and volume fell to 46.9 million shares.

Decliners outnumbered advancers by 140-73.

Of the 30 leading shares tracked by the VN30 Index, only seven advanced, including food processor Masan Group (MSN), financial conglomerate Ocean Group (OGC), Phu Nhuan Jewelry (PNJ) and PetroVietnam Drilling Services Co (PVD). The VN30 Index retreated 0.8 percent to 500.24 points.

On the Hanoi Stock Exchange, the HNX-Index shed 0.7 percent to end the day at 74.24 points. Decliners overwhelmed advancers by 180-77. The value of trades dropped slightly to 373 billion VND (17.7 million USD), while volume totalled nearly 36 million shares.-VNA
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