The new trading week began bleakly on April 15, with stock indices dropping more than 2 percent following a whirlwind of negative predictions about the country’s rising consumer price index (CPI) and the subsequent threat of inflation.
On the Ho Chi Minh Stock Exchange, the VN-Index dropped over 2.8 percent to 480.02 points. Only 39 listed shares managed to grow, while most of the stocks closed unchanged.
Trading value hit 912.35 billion VND (43.4 million USD) as 54.8 million shares changed hands.
Eximbank (EIB) was the only one of the 30 leading stocks traded by the VN30 to remain unchanged, while Phu Nhuan Jewelry (PNJ) and PetroVietnam Finance (PVF) lost the maximum allowed rate of 7 percent.
The VN30 tumbled by 3 percent to 546.28 points.
On the Hanoi Stock Exchange, the HNX-Index finished at 58.87 points, a 2.4 percent fall compared to the previous trading day on April 12.
However, turnover increased 25.5 percent to nearly 370.2 billion VND (17.6 million USD).
Losers overwhelmed gainers by 168-44. The HNX30, representing the bittern exchange’s 30 largest shares in terms of capitalisation and liquidity dropped 2.97 percent to 110.48 point. Foreign investor ended the day as net buyers on both bourses, contributing to a positive margin of 63.4 billion VND (3 million USD).-VNA
On the Ho Chi Minh Stock Exchange, the VN-Index dropped over 2.8 percent to 480.02 points. Only 39 listed shares managed to grow, while most of the stocks closed unchanged.
Trading value hit 912.35 billion VND (43.4 million USD) as 54.8 million shares changed hands.
Eximbank (EIB) was the only one of the 30 leading stocks traded by the VN30 to remain unchanged, while Phu Nhuan Jewelry (PNJ) and PetroVietnam Finance (PVF) lost the maximum allowed rate of 7 percent.
The VN30 tumbled by 3 percent to 546.28 points.
On the Hanoi Stock Exchange, the HNX-Index finished at 58.87 points, a 2.4 percent fall compared to the previous trading day on April 12.
However, turnover increased 25.5 percent to nearly 370.2 billion VND (17.6 million USD).
Losers overwhelmed gainers by 168-44. The HNX30, representing the bittern exchange’s 30 largest shares in terms of capitalisation and liquidity dropped 2.97 percent to 110.48 point. Foreign investor ended the day as net buyers on both bourses, contributing to a positive margin of 63.4 billion VND (3 million USD).-VNA
