Falling world stocks hit VN shares

Thursday, Oct 18, 2018 12:06

Employees monitor stock trades at the secondary securities trading floor of Hà Nội Securities Trading Centre (HASTC). — VNA/VNS Photo Huy Hùng

Vietnamese stocks retreated on Thursday morning as negative sentiment on the global stock market hit investor sentiment.

The major indexes on the US stock market fell on Wednesday after the Fed announced details of its meeting in September showing a high consensus to raise interest rates.

The benchmark VN-Index on the HCM Stock Exchange dropped 0.56 per cent to close at 966.14 points.

The southern market gained 0.85 per cent to close Wednesday at 971.60 points.

The HNX Index on the Ha Noi Stock Exchange ended down 0.55 per cent at 108.79 points.

The northern index rose 0.73 per cent to end at 109.39 points on Wednesday.

More than 99.7 million shares were traded on the two local exchanges, worth a total of VNĐ1.8 trillion (US $78 million).

The blue chip VN30 Index lost 0.59 per cent to end the morning session at 940.36.

Petroleum stocks suffered a correction with PetroVietnam Drilling & Well Services Corporation (PVD), PetroVietnam Technical Services Corporation (PVS) and Viet Nam National Petroleum Group (PLX) all decreasing.

The afternoon trading session starts at 1pm. — VNS

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