There was a ray of hope when the VN-Index rallied at the November 19 morning session, but it didn't last long.
Atthe Hochiminh Stock Exchange, the VN-Index closed at 588.35 points,retreating by nearly 1 percent. The value of trades slightly increasedover that of November 18 to 2.9 trillion VND (136.7 million USD) on avolume of 162.4 million shares.
The VN30 Index, which tracks thebourse's 30 leading stocks in capitalisation and liquidity, continued tolose by 0.67 percent to 623.66 points as losers outnumbered gainers by23 to 5.
Negotiated trading of Eximbank and Vinamilk sharesaccounted for more than 30 percent of total market value on November 19.While EIB advanced by 0.87 percent, VNM retreated by 1.94 percent.
Atthe Hanoi Stock Exchange, the HNX-Index also fell by 0.67 percent to89.64 points. Trading value and volume reached 1.2 trillion VND (56.6million USD) and 79.8 million shares.
Large-cap stocks on the northern exchange sent the HNX30 Index down by 0.73 percent to 181.52 points.
Themost active stock at the Hochiminh Stock Exchange was propertydeveloper FLC, which saw more than 30 million shares change hands andincreased by 2.5 percent.
In the capital city, retailer KLFInvestment also moved upstream to add 4.6 percent and was transacted at avolume of 27.6 million units.
The domestic market has undergone aperiod of insufficient supportive information. Possibly supportiveinformation to be released soon will be the consumer price index (CPI).
Analysts predicted the CPI in November to increase by a mere 0.1 percent following a series of fuel price reductions.
Sincethere were no major changes in the economy, the stock market wasforecast to remain steady at this level and probably rally slightly byyear-end.-VNA
Atthe Hochiminh Stock Exchange, the VN-Index closed at 588.35 points,retreating by nearly 1 percent. The value of trades slightly increasedover that of November 18 to 2.9 trillion VND (136.7 million USD) on avolume of 162.4 million shares.
The VN30 Index, which tracks thebourse's 30 leading stocks in capitalisation and liquidity, continued tolose by 0.67 percent to 623.66 points as losers outnumbered gainers by23 to 5.
Negotiated trading of Eximbank and Vinamilk sharesaccounted for more than 30 percent of total market value on November 19.While EIB advanced by 0.87 percent, VNM retreated by 1.94 percent.
Atthe Hanoi Stock Exchange, the HNX-Index also fell by 0.67 percent to89.64 points. Trading value and volume reached 1.2 trillion VND (56.6million USD) and 79.8 million shares.
Large-cap stocks on the northern exchange sent the HNX30 Index down by 0.73 percent to 181.52 points.
Themost active stock at the Hochiminh Stock Exchange was propertydeveloper FLC, which saw more than 30 million shares change hands andincreased by 2.5 percent.
In the capital city, retailer KLFInvestment also moved upstream to add 4.6 percent and was transacted at avolume of 27.6 million units.
The domestic market has undergone aperiod of insufficient supportive information. Possibly supportiveinformation to be released soon will be the consumer price index (CPI).
Analysts predicted the CPI in November to increase by a mere 0.1 percent following a series of fuel price reductions.
Sincethere were no major changes in the economy, the stock market wasforecast to remain steady at this level and probably rally slightly byyear-end.-VNA
