Shares dragged down by investors’ prudence
Vietnamese shares declined on May 24 as investors were prudent with their transactions.
Vietnamese shares declines on May 24 as investors were prudent with their transactions. (Photo: VNA)Hanoi (VNA) – Vietnamese shares declined on May 24 as investors were prudent with their transactions.
The investors splashed out 4.5 trillion VND (198 million USD) purchasing 163.1 million shares on the day, or two thirds of the volume sold on May 23.
The benchmark VN Index on the Ho Chi Minh Stock Exchange dropped 3.02 points to close at 985.92 points at the end of the trading day.
The HNX Index on the Hanoi Stock Exchange fell 1.04 points to 117.07 points while the UpCoM Index on the Unlisted Public Company Market lost 0.19 to close at 53.88 points.
Laggards were seen in the stocks of security, insurance, banking, retail sale and whole sale sectors.
Large-cap stocks like VNM, VHM and VIC performed well and closed in green colour. Meanwhile, the sale of GAS, VCB and BID went in contrary trend.-VNA
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