Both bourses continue plummeting

Vietnam’s stock market today October 20 continued another fall and the VN Index lost the threshold of 450 points.

Ending the first stage, the index of Hochiminh Stock Exchange (STC) slipped 3.46 points or 0.76 percent to 450.79 pts. The trading value was less than 20 billion dong.

After the continuous matching order period, the VN Index dropped 13.05 points or 2.87 percent to 441.2 pts.

Finally, the VN Index lost 12.08 points or 2.66 percent to 442.17 pts with the total matching order trade of over 39.52 million shares and fund certificates valued at 910 billion dong.

Nearly 90 percent of listed shares posted decline with many falling to the floor price.

According to the statistics, 236 shares decreased with 117 slipping to the floor price while 15 others increased with two reaching the ceiling price namely DCC and VFMVFA, 12 stood still at the comparative price, four with no trades and two shares being halted transactions.

The southern bourse today welcomed a new share code namely HQC of Hoang Quan Real Estate Service and Trade Consulting Joint Stock Co. Ending the trading session, HQC-coded shares closed at 31,000 dong per share with only 11,760 shares being traded.

Amongst key stocks, only CTG gained 100 dong and MSN stood still at the reference price and remaining shares decreased such as PVF, OGC and DPM.

Like the southern floor, the Hanoi Stock Exchange (HNX) also tumbled 4.28 points or 3.67 percent to 112.28 pts with the total market trade of over 35.5 million shares worth 662.76 billion dong.

The stock market today saw 28 gainers, 276 losers (accounting for 80 percent of listed shares on the northern floor), nine remaining unchanged and 31 with no trades.

 

Category: Stocks