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A financial institution worker counting a pile of Vietnamese banknotes at Vietcombank’s department. The financial institution’s shares rebounded strongly on Monday, cushioning the market’s losses. — Picture kinhtedothi.vn
HÀ NỘI — Benchmark indices had been blended on Monday as rising promoting strain within the afternoon session weighed in the marketplace’s sentiment.
The benchmark VN-Index on the Hồ Chí Minh Inventory Trade (HoSE) reversed the morning course to fall additional on Monday. It dropped 10.82 factors, or 0.91 per cent, to 1,171.95 factors. It recovered some losses within the morning commerce on bottom-fishing demand.
Final week, the index had misplaced greater than 11 per cent resulting from robust sell-off actions.
The market’s breadth was nonetheless optimistic as 232 shares climbed, whereas 224 shares declined. Liquidity decreased sharply during the last buying and selling day, with almost 584.4 million shares traded on the southern bourse, price VNĐ14.6 trillion (US$631.3 million).
The index prolonged the downtrend because the rising promoting drive outweighed the bargain-hunting demand. The 30 greatest shares tracker VN30-Index plunged by 8.68 factors, or 0.71 per cent, to 1,215.08 factors.
Within the VN30 basket, 16 shares elevated, whereas 11 slid with two hitting ground costs. And three shares stayed flat.
Information compiled by vietstock.vn confirmed that Vinhomes (VHM) misplaced probably the most on Monday, down 3.24 per cent in market capitalisation. It was adopted by PV Fuel (GAS) and Masan Group (MSN), with MSN posting a fall of seven per cent – the utmost intraday loss on the southern bourse.
Sacombank (STB) was one other large-cap inventory hitting the ground worth.
The index was additionally weighed by the poor efficiency of Becamex (BCM), Techcombank (TCB), Vingroup (VIC) and Sabeco (SAB). The shares slipped a minimum of 1.28 per cent.
Losses had been capped by good points in some massive shares, together with Vietcombank (VCB), Vietinbank (CTG) and Petrolimex (PLX).
Alternatively, the HNX-Index on the Hà Nội Inventory Trade (HNX) recouped from latest falls. It ended the buying and selling day at 307.05 factors, up 4.66 factors, or 1.54 per cent.
In the course of the buying and selling day, traders poured over VNĐ1.53 trillion into the northern market, equal to a buying and selling quantity of greater than 76.82 million shares. — VNS
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