Market slides on mounting pessimism

Friday, Aug 30, 2013 12:15

On the HCM City Stock Exchange, the VN-Index was off 0.28 per cent to stand at 467.23 points.— File Photo

HA NOI (Biz Hub)— Pessimism continued to loom over the stock market as both stock indices continued to decline this morning.

On the HCM City Stock Exchange, the VN-Index was off 0.28 per cent to stand at 467.23 points.

Large-cap shares kept falling, showing a decrease of 0.23 per cent to 522.31 points.

Trading was sluggish with just 20.2 million shares worth VND434 billion (US$20.7 million) changing hands.

Property developer An Duong Thao Dien Co (HAR) is temporarily leading the southern market with trades of 1.13 million shares, valued at VND8,800 each.

On the Ha Noi Stock Exchange, the HNX-Index inched 0.08 per cent up at 60.41 points but value of trades continued to slide with just 6 million shares worth VND56 billion ($2.7 million) exchanged.

No stocks saw trades of 1 million shares, thus real estate Sacomreal (SCR) became the most active with 597,000 shares changed hands at VND6,100. - VNS

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