National stocks turn to tumble

Wednesday, Dec 11, 2013 12:30

On the HCM City Stock Exchange, the VN-Index lost 0.85 per cent to just 507.24 points, while the VN30, composed of the 30 largest stocks in terms of capitalisation and liquidity, retreated at the same rate, falling to 567.29 points.— File Photo

HA NOI (Biz Hub) — The red flowed across the electronic board during this morning's session on both of the nation's stock exchanges.

On the HCM City Stock Exchange, the VN-Index lost 0.85 per cent to just 507.24 points, while the VN30, composed of the 30 largest stocks in terms of capitalisation and liquidity, retreated at the same rate, falling to 567.29 points.

Only steelmaker Hoa Sen (HSG) and PetroVietnam Low Pressure Gas Distribution (PGD) rallied. Three other stocks managed to finish the session unchanged, while the remainder of the 30 blue chips tumbled.

Also, trading value was driven up by some VND100 billion (US$4.7 million) to VND738.4 billion ($34.8 million), as over 55 million shares changed hands.

On the Ha Noi Stock Exchange, all indexes lost ground, with the greatest falls belonging to the HNX30, which tracks the northern bourse's top 30 shares, and an index tracking financial stocks.

The value and volume of trades on the bourse touched VND214.8 billion ($10.1 million) and 26.4 million units, respectively. —VNS

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