Shares fall further in morning trade

Tuesday, May 13, 2014 12:38

The benchmark index has lost 63 points during the past six trading sessions, ever since the East Sea tensions started to spiral.— Photo baocongthuong

HA NOI (VNS) — Shares continued to drop this morning, increasing the losses triggered by the rising East Sea tensions.

The VN-Index on the HCM City Stock Exchange edged down 0.4 per cent to end at 514.96 points, after dropping 4.68 per cent yesterday, as the selling pressure eased.

The benchmark index has lost 63 points during the past six trading sessions, ever since the East Sea tensions started to spiral.

More than 56 million shares, worth nearly VN?725.4 billion or US$34.5 million, changed hands this morning.

The VN30-Index, comprising the southern bourse's largest stocks by capitalisation and liquidity, slipped 0.42 per cent to end at 560.93 points, with the gainers overwhelming the losers by 16-10.

The Hoa Sen Group (HSG), the Tn Ta.o Group (ITA) and the HCM City Infrastructure Investment Corporation (CII) dropped to their floor prices this morning.

On the Ha Noi Exchange, the HNX-Index closed this morning at 69.78 points, losing 1.3 per cent, while the HNXFF-Index lost 1.32 per cent to end at 70.1 points.

Tracking the top stocks, the HNX30-Index slid 1.31 per cent to end at 132.96 points.

The trading volume and value remained modest at 29.8 million shares and VND242.8 billion, or $11.5 million, respectively. — VNS

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