It was expected that shares on December 19 would continue to rally following the previous day’s gains, along with the overnight rise of global oil prices and important indexes, but the reverse has occurred.
Trading at the end of the session disappointed investors, as a large number of shares were sold.
In fact, nearly 300 listed codes decreased, while only 90 codes increased in value. In terms of sectors, almost all tumbled, except for information technology, communications and minerals. The fastest declining sectors included real estate, banking and securities.
The most heavily traded stocks were Sacombank (STB), Saigon Securites (SSI), property developer FLC Group (FLC) and retailer KLF (KLF), each seeing 15 to 29 million shares changing hands.
Meanwhile, others stocks managed to add value, such as construction firm Becamex (IJC), food processor Hung Vuong (HVG) and subsidiaries of oil and gas giant PetroVietnam.
Meanwhile, on the HCM City Stock Exchange, on December 19, the VN-Index closed down 1 percent to 523.09 points.
Also, trading values soared from 2 trillion VND (93.9 million USD) on December 18 to almost 3.7 trillion VND (173.7 million USD) as 180.8 million shares were exchanged.
The VN30 Index declined to 570.61 points, losing 1.43 percent, as 23 out of 30 blue chips tracked by the index tumbled.
Additionally, financial group Bao Viet (BVH), Vinh Son – Song Hinh Hydropower (VSH) and Vietcombank (VCB) bottomed out, while Saigon Securities (SSI), Ocean Group (OGC), Eximbank (EIB) and Da Nang Rubber (DRC) also fell rapidly.
On the Hanoi Stock Exchange, the HNX-Index dropped 1.67 percent to 81.32 points.
The total transaction value and volume reached 810.5 billion VND (38 million USD) and 65.8 million shares, respectively.
Also, the HNX30 Index declined by a higher rate – 2.55 percent – to 157.52 points, while foreign investors strongly extended their net selling value to 286.4 billion VND (13.45 million USD) on December 19.-VNA
Trading at the end of the session disappointed investors, as a large number of shares were sold.
In fact, nearly 300 listed codes decreased, while only 90 codes increased in value. In terms of sectors, almost all tumbled, except for information technology, communications and minerals. The fastest declining sectors included real estate, banking and securities.
The most heavily traded stocks were Sacombank (STB), Saigon Securites (SSI), property developer FLC Group (FLC) and retailer KLF (KLF), each seeing 15 to 29 million shares changing hands.
Meanwhile, others stocks managed to add value, such as construction firm Becamex (IJC), food processor Hung Vuong (HVG) and subsidiaries of oil and gas giant PetroVietnam.
Meanwhile, on the HCM City Stock Exchange, on December 19, the VN-Index closed down 1 percent to 523.09 points.
Also, trading values soared from 2 trillion VND (93.9 million USD) on December 18 to almost 3.7 trillion VND (173.7 million USD) as 180.8 million shares were exchanged.
The VN30 Index declined to 570.61 points, losing 1.43 percent, as 23 out of 30 blue chips tracked by the index tumbled.
Additionally, financial group Bao Viet (BVH), Vinh Son – Song Hinh Hydropower (VSH) and Vietcombank (VCB) bottomed out, while Saigon Securities (SSI), Ocean Group (OGC), Eximbank (EIB) and Da Nang Rubber (DRC) also fell rapidly.
On the Hanoi Stock Exchange, the HNX-Index dropped 1.67 percent to 81.32 points.
The total transaction value and volume reached 810.5 billion VND (38 million USD) and 65.8 million shares, respectively.
Also, the HNX30 Index declined by a higher rate – 2.55 percent – to 157.52 points, while foreign investors strongly extended their net selling value to 286.4 billion VND (13.45 million USD) on December 19.-VNA
