VN-Index Sensitivity Returns

After gaining a bit more yesterday, the VN-Index fell 12.7 points to 976.21 on Wednesday. It is the fourth time the city’s stock market has seen sensitivity in the last two months.

Leading blue-chip, Sacombank (STB) dropped VND1, 500 on 30% of it total trading volume.

The weak performances of Sacombank (STB) and Asia Commercial Bank (ABC) made other big caps drop, particularly REE Technology (REE), by VND6,000 on 200,000 shares traded.

FPT Corporation (FPT) and Saigon Securities (SSI) also dropped, by VND4,000. Vinamilk (VNM), Vincom (VIC) and Kinh Do Food (KDC) each dipped VND3,000. GMD and SAM fell VND2,000 each. PVD (Petro Vietnam Drilling and Well Services) fell VND1,000 and Vinh Son Hydropower (VSH) dived VND500.

Meanwhile the Ha Noi bourse saw a strong increase in Dien Hong Printing (DHI) shares’ volume with 161,000 traded and DHI recently surpassed the blue chips like Asia Commercial Bank (ABC), Bao Viet Securities (BVS) and others.

Experts are now fearing the Ha Noi Stock Market (HASTC) may soon be governed by a handful of major shareholders.

By Tuong Chau – Translated by Kim Khanh

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