Shares plunge on market

Shares fell heavily during August 21’s session.
Shares fell heavily during August 21’s session.

Five bank shares listed on the HCM Stock Exchange all plunged to their floor prices.

Twenty-seven out of the 30 leading shares tracked by the VN30 in HCM City also bottomed out. The VN30 lost nearly 5 percent to close at 496.39 points. The VN-Index also tumbled 4.7 percent to end the session at 416.84 points.

The heavy sales pushed trading value up 70 percent to 1.2 trillion VND (57 million USD) on a volume of 70 million shares.

On the northern bourse, the HNX-Index retreated by 5.24 percent to 66.95 points. Around 51 million shares changed hands, for an overall market value of 469.5 billion VND (22.3 million USD).

Nearly 170 codes over 250 decliners plunged to their floor prices, especially blue chips, pushing the HNX30 down more than 6 percent to 127 points.-VNA

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