Stocks reverse previous day's gains
Shares declined again on May 31 on the nation's stock exchanges, after posting gains on the previous day.
Shares declined again on May 31 on the nation's stock exchanges, after posting gains on the previous day.
On the HCM Stock Exchange, the VN-Index tumbled 1.4 percent, finishing at 429.20 points. It lost a cumulative total of 9.2 percent over the course of the past month.
The VN30 Index, tracking the southern bourse's 30 leading stocks, closed at 507.07 points, a 1.2 percent fall-off. Of this group of shares, only those of construction firm Sudico (SJS) and Vinh Son-Song Hinh Hydropower Co (VSH) managed to add points. Others lost significant value, including real estate developers Hoang Anh Gia Lai (HAG) and Vingroup (VIC), and Vietcombank (VCB).
Recently-listed PetroVietnam Gas (GAS), which is not included on the VN30 but has become the second-leading share by capitalisation on the HCM City bourse, also declined.
The overall value of trades in HCM City on May 31 reached 732 billion VND (34.8 million USD) on a volume of 48.2 million shares.
On the Hanoi Stock Exchange, however, value rose by 26.4 percent over the previous day to 437 billion VND (20.8 million USD), while volume exceeded 44 million shares. The HNX-Index hit 74.07 points, a retreat of over 2 percent.
VNDirect Securities Co (VND) emerged as the most-active share nationwide with around 3.2 million units exchanged.
Despite the mood among domestic investors, foreign investors continued to be buyers on both bourses by a combined net of 72 billion VND (3.4 million USD).-VNA
On the HCM Stock Exchange, the VN-Index tumbled 1.4 percent, finishing at 429.20 points. It lost a cumulative total of 9.2 percent over the course of the past month.
The VN30 Index, tracking the southern bourse's 30 leading stocks, closed at 507.07 points, a 1.2 percent fall-off. Of this group of shares, only those of construction firm Sudico (SJS) and Vinh Son-Song Hinh Hydropower Co (VSH) managed to add points. Others lost significant value, including real estate developers Hoang Anh Gia Lai (HAG) and Vingroup (VIC), and Vietcombank (VCB).
Recently-listed PetroVietnam Gas (GAS), which is not included on the VN30 but has become the second-leading share by capitalisation on the HCM City bourse, also declined.
The overall value of trades in HCM City on May 31 reached 732 billion VND (34.8 million USD) on a volume of 48.2 million shares.
On the Hanoi Stock Exchange, however, value rose by 26.4 percent over the previous day to 437 billion VND (20.8 million USD), while volume exceeded 44 million shares. The HNX-Index hit 74.07 points, a retreat of over 2 percent.
VNDirect Securities Co (VND) emerged as the most-active share nationwide with around 3.2 million units exchanged.
Despite the mood among domestic investors, foreign investors continued to be buyers on both bourses by a combined net of 72 billion VND (3.4 million USD).-VNA
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