Blue chips drag markets down

Foreign investors remained net sellers on March 24 and large-cap shares continued their decline to drag down both southern and northern markets.
Foreign investors remained net sellers on March 24 and large-cap shares continued their decline to drag down both southern and northern markets.

Foreign investors recorded a net selling value of 61.4 billion VND (2.9 million USD) and traded 20 million shares.

On the Hochiminh Stock Exchange, foreign investors recorded a net selling value of 40.5 billion VND (1.9 million USD), a decrease of 58.4 percent, while on the Hanoi Stock Exchange, they recorded a net selling value of 21 billion VND (1 million USD), a fall of 6 percent.

On the southern bourse, the VN30 Index, capturing the south's largest 30 shares in terms of market value and liquidity, finished at 593.80 points, a decline of 0.71 percent. It recorded a trading value of 772.8 billion VND (36.8 million USD) for nearly 36.7 million traded shares. Among those shares, losers outnumbered gainers by 23 to three.

As a result, the benchmark VN-Index March 24 lost 0.61 percent to close at 567.43 points with a total trading volume of nearly 92 million shares, a decrease of 7.6 percent, worth 1.69 trillion VND (80.4 million USD).

FLC Joint Stock Stock Company (FLC) remained the top trader with more than 9.4 million shares at 11,800 VND, an increase of 0.85 percent.

On the Hanoi Stock Exchange, the HNX30 Index decreased by 0.72 percent to close at 158.56 points, and recorded a trading volume of 28.3 million shares, worth 383 billion VND (18.2 million USD).

The HNX-Index declined by 0.74 percent to close the session at 83.32 points. Overall, both markets closed the session with a total trading volume of 138.7 million shares, a decrease of 5.6 percent. This equalled a total trading value of 2.28 trillion VND (108.7 million USD), a decrease of 4.6 percent.-VNA

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