Stocks stall on bleak trading in both bourse
Shares continued to slide in HCM City on November 16 with sluggish trading.
Shares continued to slide in HCM City on November 16 with sluggish trading.
Ending the day’s session, around 63 percent of listed stocks on both national stock exchanges were traded under par value, and half of them had a price level under 5,000 VND.
The VN-Index on the HCM City Stock Exchange decreased 0.3 percent to 385.71 points compared to the previous day's close.
The value of trades reached only 64.9 percent of November 15's level, hitting VND301.44 billion (14.3 million USD) as trading volume fetched 22.6 million shares.
Of the 30 largest shares in terms of capitalisation and liquidity, decliners outnumbered gainers by 12-10. The VN30 tracking these stocks lost 0.3 percent to reach 455.67 points.
However, the market situation became better on the day’s afternoon when investors bought a number of shares at rising prices.
Meanwhile, on the Hanoi Stock Exchange, the HNX-Index advanced by 0.23 percent, reaching 51.81 points.
Gainers overwhelmed losers by 99-76, while the majority of shares closed unchanged.
Market value, however, dropped 30 percent over November 15’s session to just 113.63 billion VND (5.4 million VND) on a volume of 19.9 million shares.
Blue chips in Hanoi also boosted the HNX30 to 94.52 points - a 0.3 percent increase.-VNA
Ending the day’s session, around 63 percent of listed stocks on both national stock exchanges were traded under par value, and half of them had a price level under 5,000 VND.
The VN-Index on the HCM City Stock Exchange decreased 0.3 percent to 385.71 points compared to the previous day's close.
The value of trades reached only 64.9 percent of November 15's level, hitting VND301.44 billion (14.3 million USD) as trading volume fetched 22.6 million shares.
Of the 30 largest shares in terms of capitalisation and liquidity, decliners outnumbered gainers by 12-10. The VN30 tracking these stocks lost 0.3 percent to reach 455.67 points.
However, the market situation became better on the day’s afternoon when investors bought a number of shares at rising prices.
Meanwhile, on the Hanoi Stock Exchange, the HNX-Index advanced by 0.23 percent, reaching 51.81 points.
Gainers overwhelmed losers by 99-76, while the majority of shares closed unchanged.
Market value, however, dropped 30 percent over November 15’s session to just 113.63 billion VND (5.4 million VND) on a volume of 19.9 million shares.
Blue chips in Hanoi also boosted the HNX30 to 94.52 points - a 0.3 percent increase.-VNA
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