Business

Traders hesitate as inflation worries continue

Shares were back in the positive territory in Hanoi on Sept. 29 but retreated in HCM City.
Shares were back in the positive territory in Hanoi on Sept. 29 but retreated in HCM City.

On the Hanoi Stock Exchange, the HNX-Index closed up 0.3 percent to73.58 points. Advancers pipped decliners by 142-116, but the value oftrades fell 25.5 percent from the previous session to just 386.7 billionVND (18.7 million USD), with 35.8 million shares traded.

On the Hanoi Stock Exchange, the HNX-Index closed up 0.3 percent to73.58 points. Advancers pipped decliners by 142-116, but the value oftrades fell 25.5 percent from the previous session to just 386.7 billionVND (18.7 million USD), with 35.8 million shares traded.

On the HCM Stock Exchange, the VN-Index closed down by 0.8 percent to433.97 points. The value of trades eased by 50 billion VND (2.4 millionUSD) from Sept. 27’s level to just over 647 billion VND (31.3 millionUSD) on a volume of 37.6 million shares.

Blue chipstumbled, with most of the 10 leading shares by capitalisation losingvalue. Food processor Masan Group (MSN) and insurer Bao Viet Holdings(BVH) each slumped by nearly 4 percent. Vietcombank (VCB) rose to itsceiling price of 27,900 VND per share, while Sacombank (STB), dairyproducer Vinamilk (VNM) and software giant FPT each advanced by 0.7-1percent./.
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