Shares reverse gains to end lower
The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) lost 0.47 per cent to close at 839.53 points. — Photo tinnhanhchungkhoan.vn
Shares failed to maintain upward trend on Thursday morning as large-caps weighed on indices.
The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) lost 0.47 per cent to close at 839.53 points.
The index recouped 2.23 per cent to close Wednesday at 843.49 points after losing 5.4 per cent in the previous six sessions.
Large-cap stocks pulled the market down as the blue chip tracker VN30-Index declined by 0.49 per cent to 782.98 points.
Twenty of the 30 largest stocks by market capitalisation and trading liquidity in the VN30 basket declined while ten increased.
Among declining large-caps were Bank for Investment and Development of Viet Nam (BID), Vietinbank (CTG), FPT Corporation (FPT), PetroVietnam Gas JSC (GAS), Military Bank (MBB), Mobile World Group (MWG), Novaland (NVL), Phu Nhuan Jewelry (PNJ), Techcombank (TCB), Vingroup (VIC), and Vietjet (VJC).
On the Ha Noi Stock Exchange, the HNX-Index also declined 0.19 per cent to close Thursday morning at 111.48 points.
The northern market index gained 1.75 per cent after three-day losses, closing Wednesday at 111.69 points. — VNS
Series of events scheduled to foster cashless payment
EuroCham, MoLISA seek to simplify foreign work permit issuance
Argentina launches dispute against United States at WTO
Fruit exports to China: VN sells more goods, but makes less profit than Thailand
India, Australia free trade pact talks in June, July