Shares slump after late sell-off

A sell-off in the final minutes of the day's session on the HCM Stock Exchange drove the VN-Index to a close of 486.71 points, a decline of 1.06 per cent – with the prices of 172 out of 255 listed stocks slumping by the end of August 4.
A sell-off in the final minutes of the day's session on the HCM Stock Exchange drove the VN-Index to a close of 486.71 points, a decline of 1.06 per cent – with the prices of 172 out of 255 listed stocks slumping by the end of August 4.

The value of trades remained sluggish, at 1.2 trillion VND (62.6 million USD), with 41.35 million shares changing hands. Thanh Cong Textile & Garment (TCM) continued to see the highest number of trades, with a volume of 1.3 million shares.

On the Hanoi Stock Exchange, the HNX-Index extended its run of gloomy days by slipping below 150 points, dropping 1.74 per cent to close at 147.86. Volume on the northern bourse reached only 31.25 million shares, worth a combined 814.08 billion VND (41.7 million USD), a slight increase over the previous day's levels./.

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