Shares retreat as large-caps vary

Monday, Jan 20, 2020 12:30

Brokers at VPB Securities JSC. Vietnamese shares ended Monday morning session on a mixed note. — Photo

Vietnamese shares failed to maintain their rally on Monday, witnessing struggles with differentiation in pillar codes.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange edged down 0.09 per cent to close at 978.05 points.

The benchmark index gained 0.48 per cent to close Friday at 978.96, recording a growth of 1.07 per cent last week.

Nearly 77.8 million shares were traded on the southern bourse, worth VND2.2 trillion (US$94.8 million).

The large-cap VN30-Index was almost flat at 894.85 points with 16 of the 30 largest stocks by market capitalisation and trading liquidity falling.

The market will continue to experience a wild divergence among stock sectors.

Wholesale, insurance, real estate, securities, information and technology, oil and gas, agriculture, food and beverage, logistics and construction material lost ground.

On the opposite side, retail, seafood processing, construction and banking were among the gaining sectors.

On the Ha Noi Stock Exchange, the HNX-Index rose 0.91 per cent to end at 104.83 points.

The HNX-Index ended last week at 103.88 points, up a total 1.62 per cent after one trading week. — VNS

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