In the morning trading session, the tug of war between sellers and buyers merely caused a decrease of more than 4 points in the VN-Index. In the afternoon trading session, the result of the summit negatively affected investors’ sentiment, unexpectedly spurring selling pressure.
Large-cap stocks were affected heavily with several stocks including HSG, VRE,VGC, NVL, BID,VCG, VJC and SAB losing more than 3 percent.
The Vietnam’s benchmark VN-Index nose-dived 24.8 points, or 2.5 percent, to wrap February at 965.47 points.
On the smaller bourse in the north, HNX-Index fell 1.77 points, or 1.64 percent, to close at 105.86 points with 57 winners, 91 losers and 63 unchanged.
Market liquidity remained at high level with total trading volume reaching 284 million shares, worth VND6 trillion.