Shares Listing in Hanoi is a repeat of yesterday, with an increase in the first minute and a deeper downturn at the end, the trailing HNX-index requires an entire week to erode as investor confidence continued amid a fresh new non-support.
The market has failed to make positive breath as investor caution was still very high, equity analyst said that investors in a weekly review meeting.
The HNX Index, a measure of 325 shares lost 1.31 points or 0.89% to close at 146.15, its lowest level since 21 December 2009. The meter has left over 4.7% this week.
The benchmark lost 22% from this years high of 187.22 points on 6 May and 13% in the year to date, the worst results ever in Asia, according to data from FPT Securities, which runs this website.
The market breadth was negative in the northern herd in which 96 shares advanced, 82 declined, 30 were closed and 16 were not traded unmoved.
Today Vinam closed Joint Stock Company (CVN), which floats on 1 million shares on the Hanoi stock exchange on VND24, 200 per share traded on average of 10,600 shares.
The volatility was little changed from a day earlier, a total of 27.5 million shares worth VND738 billion from.
PetroVietnam Construction (PVX) without the liquidity of the trading of 2.86 million units, which fell 1.92% at the end of VND25, 500
Kim Long Securities (KLS) was the second most active shares with 2.18 million shares changed hands, the closure of 2.38% to VND16, 400 the end.
Price heavyweights continue to lead the decline. Asia Commercial Bank (ACB), the largest stock market fell 1.01% to VND29, 400
VTL was the biggest winner, by a daily maximum of 6.86% to finish VND37, 400 SMT delay below a loss of 6.94% and closed at VND16, 100
Source: fpts.com.vn