Stock market sees capital flow away
After struggling to add modest gains in the morning, shares lost ground
in the afternoon session of Oct. 4, as money poured into other channels.
After struggling to add modest gains in the morning, shares lost ground
in the afternoon session of Oct. 4, as money poured into other channels.
On the HCM City Stock Exchange, the VN-Index fell 0.22 percent to 384.51 points.
Only 68 out of the 229 listed codes managed to post gains. Among those were four of the 30 largest stocks in terms of capitalisation and liquidity tracked by the VN30, but more than two-thirds of the major stocks failed to follow the same trend.
The VN30 declined 0.18 percent to 449.62 points.
Market value was down 36 percent on the previous day at 362.3 billion VND (17.2 million USD), with around 26 million shares changing hands.
On the Hanoi Stock Exchange, the HNX-Index finished at 54.17 points, a 0.04 percent drop.
Market sentiment was negative, with only 73 shares advancing, while 101 declined and 220 closed unchanged.
Trading value was meagre, dropping 23.4 percent compared to the previous day's figure to just 110.17 billion VND (5.2 million USD) on a volume of 14.4 million shares. The HNX30, representing the Hanoi bourse's top shares, lost 0.4 percent to close at 100.30 points.-VNA
On the HCM City Stock Exchange, the VN-Index fell 0.22 percent to 384.51 points.
Only 68 out of the 229 listed codes managed to post gains. Among those were four of the 30 largest stocks in terms of capitalisation and liquidity tracked by the VN30, but more than two-thirds of the major stocks failed to follow the same trend.
The VN30 declined 0.18 percent to 449.62 points.
Market value was down 36 percent on the previous day at 362.3 billion VND (17.2 million USD), with around 26 million shares changing hands.
On the Hanoi Stock Exchange, the HNX-Index finished at 54.17 points, a 0.04 percent drop.
Market sentiment was negative, with only 73 shares advancing, while 101 declined and 220 closed unchanged.
Trading value was meagre, dropping 23.4 percent compared to the previous day's figure to just 110.17 billion VND (5.2 million USD) on a volume of 14.4 million shares. The HNX30, representing the Hanoi bourse's top shares, lost 0.4 percent to close at 100.30 points.-VNA
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