Strengthening real estate shares that created momentum during April 13’s morning session failed to lift both stock indices in the afternoon due to heavy selling.
On the HCM Stock Exchange, the volume of the day's trades increased by 12.4 percent to over 122 million shares, worth a total of 1.8 trillion VND (85.7 million USD). The benchmark VN-Index slid 0.59 percent to close yesterday at 462.52 points.
Real estate stocks were mixed. Some continued to hit ceiling prices including Hoang Quan Consulting Trading Service Real Estate (HQC), Tu Liem Urban Development (NTL) and Dat Xanh Real Estate Service and Constructions (DXG), but some dropped to the floor price, including the Development Investment Construction (DIG) and Becamex Infrastructure Development (IJC).
The VN30 Index, which tracks performance of the 30 leading shares by market value and liquidity, fell 0.93 percent to 532.23 points as 16 stocks declined while only nine rallied and five were unmoved.
On the Hanoi Stock Exchange, the HNX-Index also lost 0.2 percent to finish at 78.38 points. Trading value dropped 14 percent to 104.6 million shares, worth 1.06 trillion VND (50.5 million USD).
Foreign investors increased buying on both exchanges, picking a combined net buy of 200 billion VND (9.5 million USD) worth of shares.-VNA
On the HCM Stock Exchange, the volume of the day's trades increased by 12.4 percent to over 122 million shares, worth a total of 1.8 trillion VND (85.7 million USD). The benchmark VN-Index slid 0.59 percent to close yesterday at 462.52 points.
Real estate stocks were mixed. Some continued to hit ceiling prices including Hoang Quan Consulting Trading Service Real Estate (HQC), Tu Liem Urban Development (NTL) and Dat Xanh Real Estate Service and Constructions (DXG), but some dropped to the floor price, including the Development Investment Construction (DIG) and Becamex Infrastructure Development (IJC).
The VN30 Index, which tracks performance of the 30 leading shares by market value and liquidity, fell 0.93 percent to 532.23 points as 16 stocks declined while only nine rallied and five were unmoved.
On the Hanoi Stock Exchange, the HNX-Index also lost 0.2 percent to finish at 78.38 points. Trading value dropped 14 percent to 104.6 million shares, worth 1.06 trillion VND (50.5 million USD).
Foreign investors increased buying on both exchanges, picking a combined net buy of 200 billion VND (9.5 million USD) worth of shares.-VNA
