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The market began off within the inexperienced however then nosedived within the afternoon, shedding over 23 factors in simply two hours. It closed 26.15 factors decrease, the most important drop since February 14.
This went towards Monday’s forecast of main brokerage SSI Securities Company, which anticipated the index to bounce again as soon as it hit the assist stage of 1,425-1,435 factors.
Buying and selling on the Ho Chi Minh Inventory Change (HoSE), on which the index is predicated, dropped 13 p.c to VND22.66 trillion ($987 million).
The VN30 basket, comprising the 30 largest capped shares, noticed 25 tickers within the pink, with POW of Petrovietnam Energy shedding 6.9 p.c to the bottom since November 30.
It was adopted by SSI of main brokerage SSI Securities Company with a 6.7 p.c fall to the bottom in almost 9 months.
STB of HCMC-based lender Sacombank closed 5.2 p.c decrease, and GVR of Vietnam Rubber Group misplaced 4.9 p.c.
Different losers included TPB of TPBank, down 4.5 p.c, PNJ of Phu Nhuan Jewellery, down 3.7 p.c, and PLX of Petrolimex, down 3.6 p.c.
Solely three blue chips gained, led by VJC of price range airline Vietjet with a 3.5 p.c climb.
KDH of property developer Khang Dien rose 1.6 p.c, and HPG of Hoa Phat ended the shedding streak with a 1.5 p.c acquire.
Overseas traders continued to catch the dip, internet shopping for to the tune of VND277.5 billion.
They centered on shopping for GEX {of electrical} tools maker Gelex Group and KBC of actual property developer Kinh Bac Metropolis.
The HNX-Index for shares on the Hanoi Inventory Change, residence to mid and small caps, misplaced 2.59 p.c, whereas the UPCoM-Index for the Unlisted Public Corporations Market fell 1.71 p.c.
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