Shares fall on sluggish demand


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. — 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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