Investors keep powder dry
The VN-Index dropped by another 3.65
percent on Dec.9 to close at 470.63 points, as 122 codes on the
HCM Stock Exchange hit the floor of their regulated trading bands.
The VN-Index dropped by another 3.65
percent on December 9 to close at 470.63 points, as 122 codes on the
HCM Stock Exchange hit the floor of their regulated trading bands.
Declines outnumbered advancers overall by 174 to eight.
The heavy sales boosted market volume by 38.6 percent over the previous day’s session, however, with trades totalling 44.57 million shares.
The value of the day’s trades reached a combined 1.78 trillion VND (96.2 million USD), an increase of 28 percent.
On the Hanoi Stock Exchange, the HN-Index also plummeted by 4.8 percent to end the day at 147.91. The volume of the day’s trades rose by 36.5 percent to 18.72 million shares, worth a combine 529.86 billion VND (28.6 million USD). Losers outnumbered gainers by 219 to 10.
Foreign investors finished on December 9 as net sellers on both bourses. On the HCM City market, they were net sellers by volume of 610,210 shares, but net buyers by value of 4.39 billion VND (23,297 USD). They were responsible for a net sale of 31,200 shares on the Hanoi market, worth just 598 million VND (32,324 USD)./.
The heavy sales boosted market volume by 38.6 percent over the previous day’s session, however, with trades totalling 44.57 million shares.
The value of the day’s trades reached a combined 1.78 trillion VND (96.2 million USD), an increase of 28 percent.
On the Hanoi Stock Exchange, the HN-Index also plummeted by 4.8 percent to end the day at 147.91. The volume of the day’s trades rose by 36.5 percent to 18.72 million shares, worth a combine 529.86 billion VND (28.6 million USD). Losers outnumbered gainers by 219 to 10.
Foreign investors finished on December 9 as net sellers on both bourses. On the HCM City market, they were net sellers by volume of 610,210 shares, but net buyers by value of 4.39 billion VND (23,297 USD). They were responsible for a net sale of 31,200 shares on the Hanoi market, worth just 598 million VND (32,324 USD)./.
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