Global worries weigh on stocks

National stock indexes coped well with the globally unenthusiastic context by a slender 0.62 percent fall of the VN-Index to 504.02 on July 1.
National stock indexes coped well with the globally unenthusiastic context by a slender 0.62 percent fall of the VN-Index to 504.02 on July 1.

On the Ho Chi Minh City bourse, daily trading volume continued sliding 18.9 percent to a meagre 46.9 million shares, posting a value of 1.3 trillion VND (68.4 million USD). The newly-listed Thuan Thao Company (GTT) saw 3.5 million shares traded, making it the day’s most active stock.

The Hanoi Stock Exchange continued a sleepy day with the HNX-Index closing with 0.52 percent decrease to 157.98 points. Trading dropped under the 1 trillion VND level to 900 billion VND (47.4 million USD) on a total 30.4 million shares.

PetroVietnam Construction (PVX) maintained the biggest trading volume of 2.6 million on July 1, after posting a decline of 0.34 percent in price.

Foreign investors continued seeking profits in the northern market by a sell-off of 157,600 shares for a value of 2.8 billion VND (147,368 USD). Meanwhile, they raised their net-buy value in the south to 64.2 billion VND (3.4 million USDS), from 41 billion VND on June 30, on a net volume of 900,000 shares./.

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