Sluggish trading drags down market

Tuesday, Apr 15, 2014 12:33

The VN-Index on the HCM Stock Exchange inched down 0.26 per cent to finish at 594.54 points, while on the Ha Noi bourse, the HNX-Index fell 0.84 per cent to close at 86.07 points.— Photo vietstock.vn

HA NOI (Biz Hub) — The low trading volume on the two national bourses pushed the stock values down for the fourth consecutive day this morning.

The VN-Index on the HCM Stock Exchange inched down 0.26 per cent to finish at 594.54 points, while on the Ha Noi bourse, the HNX-Index fell 0.84 per cent to close at 86.07 points.

Nearly 50 per cent of the shares lost values on the two exchanges; many of them were large-cap shares.

Both the VN30 and the HNX30 indices, which track the top 30 stocks by market value and liquidity on the two markets, slumped. The VN30 was down 0.28 per cent and closed at 659.29 points, while the HNX30 fell 0.61 per cent to finish at 179.59 points.

A total of 92 million shares, worth VND1.48 trillion, or US$70.1 million, were traded on the two bourses.

The Ha Noi bourse-listed Saigon-Ha Noi Bank is currently the most active code nationwide, with over 10 million shares changing hands at VND11,200 per share, up 1.82 per cent over yesterday's close.

Trading will resume at 1pm. — VNS

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