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VN-Index down 2%

Released at: 18:01, 19/04/2016 Stock Market Watch

VN-Index down 2%

Largest fall since January seen on April 19.

by Hung Khanh

All indexes on Vietnam’s stock market closed down on April 19. On HSX the VN-Index fell 11.58 points (2 per cent) and the VN30-Index 9.41 points (1.61 per cent), while on HNX the HNX-Index fell 0.84 points (1.04 per cent) and the HNX30-Index 2.13 points (1.5 per cent).

HSX saw 55 shares increasing and 188 decreasing while HNX saw 116 increase and 189 decrease.

The loss in the VN-Index was its highest since January.

The VN-Index bottomed out at 573.06 points in the middle of the morning session before recovering to around 577 points in mid-afternoon before tumbling to 568.28 points by the close of trade.

VNM saw the highest trading value, of VND157 billion ($7.04 million), with VND122.6 billion ($5.49 million) coming in the afternoon. It finished the afternoon session down four tick sizes against the morning and 2.8 per cent lower for the day.

VCB rose 1.18 per cent in the morning but then lost six tick sizes in the afternoon, closing down 0.24 per cent for the day.

GAS also closed down, by 4.4 per cent, GAS 4.3 per cent, BVH 2.9 per cent, BID 2.5 per cent, CTG 1.2 per cent and MSN 0.7 per cent.

Of the 20 largest caps on HSX only MBB increased, by a mere 0.7 per cent, while EIB and DPM closed at their opening price.

Foreign investors net sold by some VND7 billion ($314,020) on HSX while net buying on HNX by some VND27 billion ($1.21 million).

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