VN-Index falls off 550-point mark due to selling pressure

The Vietnam’s stock market slid on May 6 as investors were cautious though an increase in gasoline price buoyed oil and gas shares.
 
The Vietnam’s benchmark VN-Index lost 3.35 points, or 0.61 percent, to close at 549.3 points with 168 stocks declining, 62 advancing, while 56 staying the same.
 
The VN30-Index reduced 6.06 points, or 1.04 percent, to 579.39 points with 4 gainers, 23 losers and 3 stocks unchanged.
 
The HNX-Index of the northern bourse fell 1.06 percent, or 0.85 points, to finish at 79.38 points. Among the index members, 131 shares waned, 66 waxed, while 173 were unmoved.
 
HNX30-Index also plummeted 1.35 percent, or 2.04 points, to 149.34 points.
 
Total trading value in the market was below VND2 trillion.

By Nhung Nguyen – Translated by Thuy Doan

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.


Economy

HCMC focuses on safe pig breeding chain

The HCM City department of agriculture & rural development has just held conference about the sustainable pig breeding and safe pork production market in HCMC.

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.