VN-Index dragged down by large-cap stocks

Vietnamese shares declined on April 18 as selling pressure hit many large-cap stocks.

Vietnamese shares declined on April 18 as selling pressure hit many large-cap stocks (Photo: VNA)

Vietnamese shares declined on April 18 as selling pressure hit many large-cap stocks (Photo: VNA)

Insurance and banking stocks fell 3.26 percent and 2.99 percent, respectively, though they were the main driving factor pushing the VN-Index the previous day.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) lost 14.75 points to close at 1,138.53 points. More than 172 million shares worth over 5.35 trillion VND (235.9 million USD) were exchanged on the HoSE on the day. 

The HNX-Index on the Hanoi Stock Exchange dropped 1.47 points to stand at 132.78 points, with about 61 million shares worth nearly 899 billion VND (39.6 million USD) being traded.

The VN30, which measures the performance of 30 stocks with the highest market capitalisation and liquidity on the HoSE, fell 14.62 points to close at 1,115.7 points, with nearly 46 million shares being traded, equivalent to 2.46 trillion VND (107.77 million USD). There were 24 declining stocks and five gainers while one ended flat.

The HNX30 Index, tracking the HNX’s 30 leading shares in terms of market capitalisation and liquidity, edged down 3.32 points to 247.35 points. Some 41 million units were traded at 744 billion VND (32.67 million USD).

UpCoM Index on the Unlisted Public Company Market (UpCoM) declined by 0.3 point to 59.03 points. A total of 10 million units worth 215 billion VND (9.44 million USD) were traded.

The VNXALL-Index, the common index between the southern and northern bourses, lost 15.39 points to 1,589.18 points, with 183 million units valued at around 4.59 trillion VND (201.49 million USD) traded.

Vietnamplus

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