Stocks undergo a deep correction session on two bourses

Today was another correction session for shares listed on both northern and southern floors. The investors became more cautious before the securities offloading trend on the market in the previous session.

VN Index continued dropping by 7.33 points or 1.26 percent to close at 574.78 points due to the considerable slump in most large cap share codes. The market liquidity fell in comparison with the sharp increase in previous sessions with a total matching order trade of 71.7 million units for 3.812 trillion dong in value, down 21 percent in volume and 14 percent in value.

There were two new shares to be listed the first time on Ho Chi Minh Stock Exchange (STC) namely AAM of Mekong Fisheries Joint Stock Co and MCG from Vietnam Mechanisation Electrification and Construction Joint Stock Co. As usual, these newcomers increased to the ceiling prices during their debut session.

Therefore, there were 172 share codes and four fund certificates to be listed on the southern floor at present, in which 112 codes plunged, 49 codes bounded and 15 codes stood still at the comparative price.

Among the groups of large cap share codes, only STB stayed unchanged at the comparative price, the other codes slumped including VNM, DPM, BVH, CTG, VCB, SSI, PVD, HAG, HPG, FPT and PVF.

In terms of trading volume, STB led the market with 4.39 million shares being transferred, followed by REE with 3.92 million, SSI with 2.76 million, GMD with 2.4 million, PET with 2.31 million and VTO with 1.9 million shares changing hands.

Sharing the same scenario, HNX Index dipped 0.31 points or 0.17 percent to end at 180.77 points with a total market trade of 37.764 million shares for 1.555 trillion dong in value.

 

Category: Stocks