Shares decline on both bourses
Shares plunged into the red across the electronic board on December 29 on both national stock exchanges.
Shares plunged into the red across the electronic board on December 29 on both national stock exchanges.
The VN-Index on the Hochiminh Stock Exchange lost 0.13 percent to end at 532.68 points.
The total transaction value reached nearly 1.8 trillion VND (84.5 million USD) on a volume of 104.1 million shares.
However, blue chips were mixed and pushed the VN30 Index to an increase of 0.16 percent to close at 583.36 points.
The gainers included property developer FLC (FLC), which hit the ceiling price of 10,100 VND with 18.4 million shares changing hands. FLC was also identified as the most active stock. Meanwhile, the HCM City Infrastructure Investment (CII), steelmaker Hoa Phat (HPG) and Vietcombank (VCB) rose strongly by 2.9–4.3 percent.
In contrast, insurer Bao Viet (BVH), HCM City Securities (HCM), Pha Lai Thermalpower (PPC) and PetroVietnam Drilling Services (PVD), as well as PetroVietnam Transportation (PVT), dropped between 2.4–6 percent.
Notwithstanding the performances of FLC, CII, Kinh Bac Urban City (KBC) and PetroVietnam Construction (PVX), many real estate shares plummeted by 3–7 percent with the strong sale.
On the Hanoi Stock Exchange, the HNX-Index tumbled by 1.84 percent to close the session at 79.64 points.
The value of the transactions reached only 533.1 billion VND (25 million USD) as over 48 million shares were traded.
The HNX30 Index retreated more heavily at 2.78 percent and stood at 151.39 points.-VNA
The VN-Index on the Hochiminh Stock Exchange lost 0.13 percent to end at 532.68 points.
The total transaction value reached nearly 1.8 trillion VND (84.5 million USD) on a volume of 104.1 million shares.
However, blue chips were mixed and pushed the VN30 Index to an increase of 0.16 percent to close at 583.36 points.
The gainers included property developer FLC (FLC), which hit the ceiling price of 10,100 VND with 18.4 million shares changing hands. FLC was also identified as the most active stock. Meanwhile, the HCM City Infrastructure Investment (CII), steelmaker Hoa Phat (HPG) and Vietcombank (VCB) rose strongly by 2.9–4.3 percent.
In contrast, insurer Bao Viet (BVH), HCM City Securities (HCM), Pha Lai Thermalpower (PPC) and PetroVietnam Drilling Services (PVD), as well as PetroVietnam Transportation (PVT), dropped between 2.4–6 percent.
Notwithstanding the performances of FLC, CII, Kinh Bac Urban City (KBC) and PetroVietnam Construction (PVX), many real estate shares plummeted by 3–7 percent with the strong sale.
On the Hanoi Stock Exchange, the HNX-Index tumbled by 1.84 percent to close the session at 79.64 points.
The value of the transactions reached only 533.1 billion VND (25 million USD) as over 48 million shares were traded.
The HNX30 Index retreated more heavily at 2.78 percent and stood at 151.39 points.-VNA
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