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VN-Index reverses course, weighed down by pillar stocks

by 198 Vietnam News
February 18, 2022
in VIETNAM MANUFACTURE NEWS
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The market was combined on Friday morning, as promoting power weighed on large-cap shares.

 

On the Ho Chi Minh Inventory Trade (HoSE), the VN-Index fell 6.25 factors, or 0.41 per cent, to 1,501.74 factors.

The market breadth was destructive with extra shares declining, whereas liquidity improved. A complete of 428 shares had been traded on the HoSE, value over VND13.3 trillion (US$583 million).

In the meantime, overseas buyers web purchased over VND220 billion on the southern bourse.

The benchmark’s reversal was on account of losses in large-cap shares. The VN30-Index, monitoring 30 greatest shares within the VN30 basket, dropped 12.16 factors, or 0.79 per cent, to 1,528.35 factors.

Of the highest 5 shares influencing the downtrend, BIDV (BID) posted the largest loss, down practically 2 per cent. This was adopted by Vinhomes (VHM), PV Fuel (GAS), Vingroup (VIC) and Vietcombank (VCB), all down in a variety of 0.69 – 1.52 per cent.

Different large shares reporting poor efficiency this morning had been VPBank (VPB), Techcombank (TCB), MBBank (MBB), Sabeco (SAB), Novaland (NVL), Vincom Retail (VRE) and Vietnam Rubber Group (GVR).

The HNX-Index on the Ha Noi Inventory Trade prolonged its rally, up 2.85 factors, or 0.66 per cent, to 433.09 factors. 

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