VN-Index collapses nearly 19 points

The Vietnam’s stock market nose-dived on March 25 to open week in red as investors dumped blue-chip stocks heavily due to bearish sentiment caused by global securities market.
VN-Index collapses nearly 19 points
The market sometimes recovered thanks to bottom fishing. However, by the end of the trading session, selling pressure became stronger, causing several large-cap stocks to plummet. Of which, VHM lost 2.3 percent; VIC fell 2.9 percent and VRE sank 4.7 percent.
The Vietnam’s benchmark VN-Index retreated 18.64 points, or 1.89 percent, to close at 970.07 points. Among the index members, 78 stocks increased, 236 decreased and 43 stood still.
The HNX-Index of the smaller bourse in the north shrank 1.68 points, or 1.56 percent, to close at 106.41 points with 57 winners, 121 losers and 47 stocks remaining unchanged.

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