VN-Index slides as blue chips lose momentum

Monday, Sep 15, 2014 12:31

Shares opened higher but gradually slid towards the end of the morning, with the benchmark VN-Index falling by 0.05 per cent to end at 632.19 points.— Photo baomoi

HA NOI (Biz Hub) — Shares opened higher but gradually slid towards the end of the morning, with the benchmark VN-Index falling by 0.05 per cent to end at 632.19 points.

Blue chips fell sharply as the VN30, which tracks the top 30 shares by market value and liquidity, was down 0.08 per cent to close at 669.27 points.

Real estate FLC Group (FLC) attracted the most investments on the HCM Stock Exchange this morning and became the most active stock as a whopping 33 million of its shares were traded. The share price slid 2.42 per cent, however, closing at VND12,100 per share.

Tan Tao Investment Industry Corporation (ITA) came second with nearly 6 million shares being exchanged at VND8,800 per share.

Liquidity remained high with a total of nearly 134 million shares, worth VND2.43 trillion (US$115.2 million), being traded by the end of the morning's session.

By contrast, the HNX-Index climbed 0.56 per cent on the Ha Noi Stock Exchange, finishing at 89.99 points.

More than 81.5 million shares worth VND1.51 trillion ($71.6 million) changed hands.

PetroVietnam Construction Corporation (PVX) was the most active here with 10.5 million of its shares being traded at VND6,400 per share.

The afternoon session will start at 1pm. — VNS

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