Shares continue to decline in both bourses
Share continued to decline on both national stock exchanges on November 2.
Share continued to decline on both national stock exchanges on November 2.
On the HCM Stock Exchange, the VN-Index slid 3.27 percent, reaching 375.26 points.
Only 33 stocks, or 13.6 percent of the listed codes, managed to post gains, including just one of the 30 top shares tracked by the VN30, commercial baker Kinh Do (KDC).
Meanwhile, 17 of the blue chips plunged to their floor prices, including insurer giant Bao Viet Holdings (BVH), property developer Hoang Anh Gia Lai (HAG), food processor Masan (MSN), Vinamilk (VNM) and Vietcombank (VCB).
The index dropped 3.5 percent to 441.90 points.
Trading value declined slightly compared to November 1’s session, standing at 659 billion VND (31.3 million USD) on a total volume of 59.15 million shares.
On the Hanoi Stock Exchange, the HNX-Index fell to 51.06 points, a 3 percent decrease.
Losers overwhelmed gainers by 173-34.
Market value, however, soared by more than 110 percent over November 1’s data to 258.7 billion VND (12.3 million USD). Trading volume also rose to 47 million shares as investors sold off shares following the panic.
The HNX30, composed of the bourse’s leading shares in terms of capitalisation and liquidity, also lost 4.33 percent to 92.05 points.-VNA
On the HCM Stock Exchange, the VN-Index slid 3.27 percent, reaching 375.26 points.
Only 33 stocks, or 13.6 percent of the listed codes, managed to post gains, including just one of the 30 top shares tracked by the VN30, commercial baker Kinh Do (KDC).
Meanwhile, 17 of the blue chips plunged to their floor prices, including insurer giant Bao Viet Holdings (BVH), property developer Hoang Anh Gia Lai (HAG), food processor Masan (MSN), Vinamilk (VNM) and Vietcombank (VCB).
The index dropped 3.5 percent to 441.90 points.
Trading value declined slightly compared to November 1’s session, standing at 659 billion VND (31.3 million USD) on a total volume of 59.15 million shares.
On the Hanoi Stock Exchange, the HNX-Index fell to 51.06 points, a 3 percent decrease.
Losers overwhelmed gainers by 173-34.
Market value, however, soared by more than 110 percent over November 1’s data to 258.7 billion VND (12.3 million USD). Trading volume also rose to 47 million shares as investors sold off shares following the panic.
The HNX30, composed of the bourse’s leading shares in terms of capitalisation and liquidity, also lost 4.33 percent to 92.05 points.-VNA
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