Shares fall as investors remain cautious

Monday, Mar 09, 2015 12:31

The VN-Index fell by 0.4 per cent to close at 591.58 points. — Photo Vneconomy

HA NOI (Biz Hub) — Stocks ended in the red on both bourses this morning as investors remained cautious.

The VN-Index fell by 0.4 per cent to close at 591.58 points, and the total trading volume was halved to reach 46.7 million shares, worth VND838.24 billion (US$39.2 million).

On the HCM City Stock Exchange, the VN30, tracking the performance of 30 large-cap stocks, rose by 0.31 per cent to stand at 624.67 points, with a total trading volume of 15 million shares, worth VND388.5 billion ($18 million).

Among the 30 largest stocks, 19 fell and eight rose, while three remained unchanged. The stock group saw the Vietnam Dairy Products Joint Stock Company (VNM) register the maximum rise in stock price, driving the index up.

However, the VN30 could not hold the southern market up as mid-cap and small-cap stocks declined significantly by 0.45 per cent and 0.79 per cent respectively.

The southern market also saw the Hoang Quan consulting, trading service real estate corporation (HQC) reach the maximum trading volume and value of 6.5 million shares and VND46.5 billion ($2.2 million) respectively.

On the Ha Noi Stock Exchange, the HNX-Index closed the morning session at 86.26 points, a decrease of 0.61 per cent.

The trading value reached more than VND261.3 billion ($12.2 million), as investors exchanged more than 20 million shares.

The top 30 stocks on the northern bourse also sent the HNX30 Index down 1.02 per cent to finish at 166.75 points. — VNS

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