Shares fall on sluggish demand

Monday, Apr 28, 2014 12:44

On the HCM Stock Exchange, the VN-Index fell 0.14 per cent to end the morning at 578.11 points. — Photo news.go.vn

HA NOI (Biz Hub) — Shares opened high this morning on the two stock exchanges, but fell towards the end of the session due to sluggish trading.

On the HCM Stock Exchange, the VN-Index fell 0.14 per cent to end the morning at 578.11 points.

The VN30 Index, tracking the top 30 shares by market value and liquidity, fell by a more substantial 0.26 per cent to end at 634.68 points.

The total market volume reached nearly 29 million shares and fund certificates, worth VND776 billion, or US$36.8 million.

Real estate developer FLC Group (FLC) is temporarily leading the southern market's trade with 2.7 million shares, selling at VND11,500 per share.

On the Ha Noi Stock Exchange, the HNX-Index also slid 0.29 per cent to finish at 80.35 points.

Trading was sluggish with just 18 million shares, worth VND181 billion, or $8.6 million, being exchanged.

The PetroVietnam Construction (PVX) was the most active code this morning with 3.5 million shares changing hands, closing flat at VND5,200 a share.

The afternoon trading will resume at 1pm. — VNS

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