Indices fall on week’s first trading day
The benchmark VN-Index fell 13.63 points from the previous trading day to 947.15 points on July 2 when only 62 stocks saw price hikes and 237 others fell.
Illustrative photo (Photo: VNA)Hanoi (VNA) – The benchmark VN-Index fell 13.63 points from the previous trading day to 947.15 points on July 2 when only 62 stocks saw price hikes and 237 others fell.
The VN-Index on the Ho Chi Minh City Stock Exchange (HoSE) dropped over 21 points in the morning but gradually recovered in the afternoon.
In the VN30 basket – which tracks the top 30 stocks in terms of market capitalisation and liquidity on the HoSE – the strong price rises of some stocks helped the VN-Index decelerate the downtrend. For example, VNM and SAB grew up 1,000 VND and 4,500 VND to reach 171,000 VND and 230,000 VND per share, respectively.
Some other large-cap stocks witnessed price declines like BVH (down 4,300 VND to 77,000 VND per share), CTD (down 4,400 VND to 148,000 VND per share), and DHG (down 2,000 VND to 100,000 VND per share).
Among bank stocks, only VCB and HDB ended in green while the remaining – such as ACB, TCB, MBB, and BID – were in red.
Many financial stocks like HCM, VCI, and VIG also shared the same downtrend.
More than 168.2 million shares worth over 4 trillion VND (174.2 million USD) were traded on the HoSE.
Meanwhile, the HNX-Index on the Hanoi Stock Exchange (HNX) was down 3.4 points to 102.76 points with over 43.79 million shares traded at more than 710 billion VND (30.9 million USD). Prices of 50 stocks were up while those of 110 others were down.
Foreign investors were the net buyers on the two bourses when they purchased more than 7.58 million shares worth 240.41 billion VND (10.5 million USD) on the HoSE and 191,616 shares worth 1.89 billion VND (82,300 USD) on the HNX.-VNA
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