Afternoon tumble brings VN-Index down after early morning rise.
All main indexes finished down on July 14, with the VN-Index falling 8.43 per cent (1.25 per cent) and the VN30-Index 5.75 points (0.88 per cent) on HSX while the HNX-Index finished 0.7 points (0.8 per cent) lower and the HNX30-Index 1.52 points (0.96 per cent) on HNX.
HSX saw 75 shares increasing and 170 decreasing while HNX saw 117 increasing and 177 decreasing.
Liquidity on HNX reached VND799 billion ($35.83 million), 3 per cent lower than yesterday, and on HSX was VND3 trillion ($134.55 million), 8 per cent higher.
The VN-Index began the day by easing slightly to 672.71 points before recovering to a peak of 681.55 points then closing the morning session at 677.25 points. The afternoon session began with the index rising to 681.27 points before tumbling to 666.69 points at the close.
Among banking shares on HSX, EIB hit its ceiling in increasing 6.19 points, MBB rose 1.31 per cent and BID 0.54 per cent while STB closed at its opening price. The two largest banking shares on HSX, VCB and CTG, closed down 2.61 per cent and 1.59 per cent, respectively.
Among banking shares on HNX, NVB hit its ceiling after increasing 10 per cent while SHP was up 1.61 per cent and ACB closed at its opening price.
Falling large caps on HSX included VIC, by 2.7 per cent, GAS 2.3 per cent and VNM 0.7 per cent.
On HNX VCG was down 9 per cent, VCS 2.8 per cent, DBC 1.8 per cent and PVS 1.1 per cent.
Foreign investors net bought on both markets, by VND118 billion ($5.29 million) on HSX and VND34 billion ($1.52 million) on HNX.