VN-Index Continues to Slide

Investors watch the electronic board with uncertainty. (Photo: TC)

The Ho Chi Minh City Stock exchange continued to slide 29.21 points, pulling the VN-Index down to 968.88 points at the closing of this morning trading session.

Around 4.5 million shares were traded, with a total trade value of only VND578 billion.

BBC topped the 74 sliding shares, followed by other blue chips like TYA, SCD, HTV and HBD. The top five increasing shares were SFI, VTC, TCT, VID and SDN.

Yesterday, the market witnessed 72 stocks rising while 19 others fell. STB led the market in terms of the trading volume and value with 1.53 million shares worth VND225 billion.

Many experts said that the slight fall yesterday signaled further recession and the market tomorrow will continue plunging deeper than today.

Today’s losers and winners

By Tuong Chau - Translated by Trong Khuong

Other news

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

SGN lists 24million shares on HOSE

 Saigon Ground Services JSC (under code: SGN) will list on the Ho Chi Minh City Stock Exchange (HOSE) 24 million shares for the first time starting on August 1st at a reference price of VND 140,000 per share.