Shares continued plunging on August 19 on the HCM Stock Exchange despitenews that inflation in HCM City declined in August for a secondmonth, dropping 0.25 percent from July.
The VN-Index lost another 0.72 percent of its value to close the day’s trades at 452.23.
Trading volume dropped by 15 percent from the previous session to 31.4million shares, worth just 872.5 billion VND (45.2 million USD), thelowest daily value in the last six months.
The Indextouched 450 points at 9:40am before bouncing back to over 452 due toincreased bargain hunting. Most investors, however, remained wary of arebound and sat out of the session.
Only nine sharesout of 139 decliners dropped to their floor prices, while 57 codesposted gains and another 65 remained unchanged.
Eximbank (EIB) was the most-active share during the on a volume of 2million shares, but the stock closed off nearly 1.8 percent to 16,300VND (0.85 USD) per share.
On the Hanoi Stock Exchange, the HNX-Index eased by a less dramatic 0.28 percent, closing at 132.25.
Over 25 million shares worth a combined 664.8 billion VND (34.4million USD) changed hands, with losers outnumbering gainers by 186-86.PetroVietnam Construction (PVX) was again the most-active share on avolume of 4.3 million.
The VN-Index lost another 0.72 percent of its value to close the day’s trades at 452.23.
Trading volume dropped by 15 percent from the previous session to 31.4million shares, worth just 872.5 billion VND (45.2 million USD), thelowest daily value in the last six months.
The Indextouched 450 points at 9:40am before bouncing back to over 452 due toincreased bargain hunting. Most investors, however, remained wary of arebound and sat out of the session.
Only nine sharesout of 139 decliners dropped to their floor prices, while 57 codesposted gains and another 65 remained unchanged.
Eximbank (EIB) was the most-active share during the on a volume of 2million shares, but the stock closed off nearly 1.8 percent to 16,300VND (0.85 USD) per share.
On the Hanoi Stock Exchange, the HNX-Index eased by a less dramatic 0.28 percent, closing at 132.25.
Over 25 million shares worth a combined 664.8 billion VND (34.4million USD) changed hands, with losers outnumbering gainers by 186-86.PetroVietnam Construction (PVX) was again the most-active share on avolume of 4.3 million.
