Blue chips continued to lose value on April 20 on the HCM Stock Exchange, pushing the VN-Index down by another 0.3 percent to close at 515.20.
The value of the day’s trades decreased by nearly 7 percent to around 2.1 trillion VND (114.2 million USD), on a slightly lower volume of 57.5 million shares. Decliners outmumbered advancers by 101-89, with Huu Lien Asia Corp (HLA) claiming the position as most-active share on the day, with 2 million traded.
Penny stocks continued to perform well, with many shares hitting their ceiling prices, including Petrolimex International Trading Co (PIT), Hapaco Group Co (HAP) Viet-Han Corp (VHG), Limama 10 Co (L10) and Becamex Infrastructure Development Co (IJC).
First-quarter business results no longer seemed to support blue chips, with many leading stocks losing value on April 20, including Tu Liem Urban Development Co (NTL), FPT, Vietcombank (VCB), Eximbank (EIB), Sacombank (STB), and Kinh Do Corp. Shares of real estate developer Vincom Co (VIC) were one of the few bright spots.
On the Hanoi Stock Exchange, the HNX-Index advanced by 0.52 percent to close on the day’s trades at 173.94. Trading volume, however, decreased by over 4 percent to 53.8 million shares, worth a combined 1.8 trillion VND (96.8 million USD), a drop of nearly 6 percent from the previous session.
Gainers outnumbered losers by 197-60, with a whopping 107 shares hitting their ceiling prices, mostly penny stocks like Hanoi Investment General Corp (SHN) Dai Chau Corp (DCS), Marine Supply and Engineering Service Co (MAC), and PetroVietnam Drilling Mud Co (PVC).
Blue chips continued to perform poorly on the Hanoi bourse, with Asia Commercial Bank (ACB), Kim Long Securities Co (KLS), Vinaconex (VCG), Sai Gon-Quy Nhon Mineral Co (SQC) all registering loses on April 20./.
The value of the day’s trades decreased by nearly 7 percent to around 2.1 trillion VND (114.2 million USD), on a slightly lower volume of 57.5 million shares. Decliners outmumbered advancers by 101-89, with Huu Lien Asia Corp (HLA) claiming the position as most-active share on the day, with 2 million traded.
Penny stocks continued to perform well, with many shares hitting their ceiling prices, including Petrolimex International Trading Co (PIT), Hapaco Group Co (HAP) Viet-Han Corp (VHG), Limama 10 Co (L10) and Becamex Infrastructure Development Co (IJC).
First-quarter business results no longer seemed to support blue chips, with many leading stocks losing value on April 20, including Tu Liem Urban Development Co (NTL), FPT, Vietcombank (VCB), Eximbank (EIB), Sacombank (STB), and Kinh Do Corp. Shares of real estate developer Vincom Co (VIC) were one of the few bright spots.
On the Hanoi Stock Exchange, the HNX-Index advanced by 0.52 percent to close on the day’s trades at 173.94. Trading volume, however, decreased by over 4 percent to 53.8 million shares, worth a combined 1.8 trillion VND (96.8 million USD), a drop of nearly 6 percent from the previous session.
Gainers outnumbered losers by 197-60, with a whopping 107 shares hitting their ceiling prices, mostly penny stocks like Hanoi Investment General Corp (SHN) Dai Chau Corp (DCS), Marine Supply and Engineering Service Co (MAC), and PetroVietnam Drilling Mud Co (PVC).
Blue chips continued to perform poorly on the Hanoi bourse, with Asia Commercial Bank (ACB), Kim Long Securities Co (KLS), Vinaconex (VCG), Sai Gon-Quy Nhon Mineral Co (SQC) all registering loses on April 20./.
