The State Bank of Vietnam’s decision on April 14 morning to extend negotiable interest rates to short-term loans didn’t seem to distract day traders on the HCM Stock Exchange intent on realising profits.
The VN-Index ended up closing down by 0.34 percent to 516.21 points.
The value of trades also declined to 1.71 trillion VND (90 million USD), down 21.2 percent from the previous day’s session, on a volume of 43.6 million shares.
The prospect of earning higher interest rates on short-terms loans began to shift investor attention back toward financial shares, with Sacombank (STB) returning to the position as the most-active share on the HCM exchange on a volume of 1.79 million.
On the Hanoi Stock Exchange on April 14 , the HNX-Index closed up by 0.29 percent to 169.06. The value of the day’s trades on this market continued high, reaching 1.3 trillion VND (68.4 million USD), on a volume of 36.6 million shares.
PetroVietnam Construction (PVX) held onto the spot as the most-active share in this market, with 4.6 million changing hands./.
The VN-Index ended up closing down by 0.34 percent to 516.21 points.
The value of trades also declined to 1.71 trillion VND (90 million USD), down 21.2 percent from the previous day’s session, on a volume of 43.6 million shares.
The prospect of earning higher interest rates on short-terms loans began to shift investor attention back toward financial shares, with Sacombank (STB) returning to the position as the most-active share on the HCM exchange on a volume of 1.79 million.
On the Hanoi Stock Exchange on April 14 , the HNX-Index closed up by 0.29 percent to 169.06. The value of the day’s trades on this market continued high, reaching 1.3 trillion VND (68.4 million USD), on a volume of 36.6 million shares.
PetroVietnam Construction (PVX) held onto the spot as the most-active share in this market, with 4.6 million changing hands./.
