Markets coping with sliding

On the HCM Stock Exchange, the VN-Index shed 1.76 percent to finish at 468.74 points on March 4.
On the HCM Stock Exchange, the VN-Index shed 1.76 percent to finish at 468.74 points on March 4.

Trading value remained high at 1.2 trillion VND (57.1 million USD) as trading volume reached 74.56 million shares.

The VN30, representing the performance of HCM City’s 30 leading shares in terms of capitalisation and liquidity, tumbled by 2.4 percent to 534.53 points.

Twenty-four of these stocks finished the session in the red, seven of which plunged to their floor prices including the most influential stocks. Only logistics firm Gemadept (GMD), food processor Masan (MSN) and property developer Vingroup (VIC) managed to add value.

Among the top 20 codes by trading volume, only GMD gained, rising 0.3 percent, while financier Ocean Group (OGC) finished flat.

On the Hanoi Stock Exchange, the HNX-Index also retreated 3.3 percent to close at 60.69 points.

Decliners outnumbered advancers by 190-52.

Market value and volume fetched over 592 billion VND (28.1 million USD) and 79.8 million shares.

The HNX30, tracking the northern bourse’s top shares, fell 4.77 percent to 116.45 points.-VNA

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