VN Index slips on profit-taking pressure

Tuesday, Jun 20, 2017 12:44

The benchmark VN Index inched down 0.1 per cent to 766.4 points on Tuesday morning on rising profit-taking pressure, especially on large-cap stocks. — Photo cafef.vn

The benchmark VN Index inched down 0.1 per cent to 766.4 points on Tuesday morning on rising profit-taking pressure, especially on large-cap stocks.

Many blue chips slipped, including Vinamilk (VNM), VinGroup (VIC), PV Gas (GAS), FPT Corp (FPT), Bao Viet Holdings (BVH), Masan Group (MSN), Hoa Sen Group (HSG) and Kido Group (KDC).

Among bank stocks, which drove the markets up on Monday, only Vietcombank (VCB) and Nam Viet Bank (NVB) slumped; the other seven listed banks maintained growth of between 0.4 per cent and 3.7 per cent.

The overall market condition was negative with 134 stocks declining, 122 advancing and 78 remaining unchanged.

On the Ha Noi Stock Exchange, the HNX Index rose 0.24 per cent to close at 99.65 points.

A total of 169 million shares worth a combined VND3.2 trillion (US$141 million) were traded in the two exchanges.

The afternoon session starts at 1pm. — VNS

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