Shares fall as large-caps vary

Monday, May 04, 2020 12:15

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange slid 0.16 per cent to close at 767.91 points. — Photo tinnhanhchungkhoan.vn

Shares lost ground on Monday morning, witnessing struggles with differentiation in pillar codes.

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange slid 0.16 per cent to close at 767.91 points.

The VN-Index fell a total of nearly 1.0 per cent last week while trading took place only in the first three days of the week before closing on Thursday and Friday for the national holidays.

Nearly 171.5 million shares were traded on the southern bourse on Monday morning, valued at VNĐ2 trillion (US$85.9 million).

The market breadth was negative as decliners outnumbered gainers by 223 to 105.

The stocks that put strong pressure on the VN-Index were Bao Viet Holdings (BHV), FPT Corporation (FPT), Masan Group (MSN) and Hoa Phat Group (HPG).

Meanwhile, PetroVietnam Gas JSC (GAS), Vingroup (VIC), Vincom Retail (VRE), Vinhomes (VHM), Bank for Investment and Development (BID), Vietinbank (CTG), Techcombank (TCB) were the major contributors to the VN-Index.

Retail, agriculture, insurance, food and beverage, construction, securities, information and technology and rubber production were the among the losers.

The sector indices declined between 0.3 per cent and 1.6 per cent, according to vietstock.vn.

The VN30-Index, which tracks the performance of the 30 largest stocks by market capitalisation and liquidity on HoSE, lost by 0.25 per cent to 713.52 points.

On the Hà Nội Stock Exchange, the HNX-Index dropped 0.54 to end the morning session at 106.26 points.

More than 23.5 million shares were traded on the northern bourse for VNĐ263 billion. — VNS

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