Large amount of shares traded, pulling down indexes

The VN-index lost over 30 points on the Ho Chi Minh Stock Exchange (HOSE) as a large number of shares were traded in the morning of March 23.

Illustrative photo

Illustrative photo

The worst decliners among those stocks were in the trading sector (falling 6.79 percent), the insurance sector (3.3 percent), and the banking sector (2.83 percent). However, shares of the healthcare and rubber product sectors rebounded, up 2.59 percent and 2.54 percent, respectively.
At the end of the trading day, the VNXALL-Index fell 21.79 points to 1,594.22 points, with nearly 295 billion shares were traded, worth over VND7.45 trillion ($327.32 million).
The VN-Index dropped 18.77 points to 1,153.59 points. Up to 262 million stocks were traded, worth nearly VND7.75 trillion ($340.53 million . The VN30 fell 15.65 points to 1,128.03 points.
The HNX-Index on the Hanoi Stock Exchange also dropped 2.17 points to 131.88 points, with 89 million shares being traded, equivalent to nearly VND1.53 trillion ($3.73 million).
The HNX30 and the UPCOM Index lost 3.79 points to 254.24 points and 0.48 points to 59.91 points, respectively.-

Vietnamnews

Other news

Most view

Storm Son Tinh to weaken into tropical low-pressure on July 19

Storm Son Tinh to weaken into tropical low-pressure on July 19

According to the national center for Hydro Meteorological Forecasting, the 3rd storm  Son Tinh at 16pm July 18 centered at 18.8 degrees latitude, 107.5 degrees east longitude, on the Tokin Gulf, 190km from Thanh Hoa to Quang Binh provinces.


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.


Economy

Vocarimex plans to expand export markets

The Vietnam Vegetable Oil Industry Corporation -Vocarimex (code: VOC) has set its target the 2018 revenue will reach VND 4,8trillion, an increasing of 9 percent compared to 2017 and pre-tax profit target will be VND 300 billlion ($ 13 million), dividend payment ratio at 12 percent.

 

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

SAS profits VND 118bln

The Southern Airports Service Joint Stock Company (Sasco) which is listed under code SAS on the Unlisted Public Company Market (UPCoM), announced its second quarter’s financial report with net revenue at VND 634.5billion, an increase of 14 percent compared to last year.