Sunday, April 28, 2024 2:48:57 AM - Markets open
VN-INDEX 1,209.52 +4.55/+0.38%
HNX-INDEX 226.82 -0.75/-0.33%
UPCOM-INDEX 88.76 +0.43/+0.49%
VN-Index nosedives to under 1,000 points in gloomy atmosphere
vietnamplus.vn - 5/23/2018 9:47:53 AM
 (0 ratings. You must sign in to rate.)
A gloomy atmosphere spread across the stock market on May 22 when all groups of stocks fell, forcing VN-Index to tumble to below 1,000 points.
 
On the Ho Chi Minh Stock Exchange (HOSE), the downward trend on the previous day continued with the selling pressure dominating the market right from the beginning of the trading session.
 
The benchmark VN-Index fluctuated around 1,000 points in the morning and plunged in the afternoon when a supply pressure appeared in all groups of shares.
 
Among key stocks, VNM continued to move against the common trend when investors flocked to buy this share, boosting its price to the ceiling level of 118,200 VND per share. Others stocks recorded price declines.
 
Property, insurance and bank stocks witnessed the strongest decreases of 6.47 percent, 5.74 percent and 4.7 percent, respectively.
 
The VN-Index lost 29.07 points to 985.91 points at the end of the trading session.
 
While the HNX-Index on the Hanoi Stock Exchange (HNX) ended at 116.72 points, down 2.94 points, the UpCoM-Index on the Unlisted Public Company Market (UpCoM) fell 1.05 points to 53.73 points.-VNA
 
Read original article here
Newer News
19/04 Market upgrade to begin a new phase of development
16/04 Market plunges, HOSE's value evaporates $10 billion
16/04 VN anticipates market impact as KRX stock trading system launches
10/04 Banks and oil stocks endure a tough day, leaving with market volatility
05/04 Oil stocks see bright prospect amid rising prices
05/04 HoSE's stock market capitalisation in March rises by 3.1% compared to February
03/04 Stocks rebound as cash flow surges into large-cap shares
23/03 Shares sustain gains on strong investor confidence
20/03 Vietnamese securities companies race to boost capital amid high market demand
19/03 Large-caps pressured as increased profit-taking drives share decline
Older News
22/05 Shares slump on selling pressure
19/05 HOSE witnesses record transaction value of 1.54 billion USD
18/05 VN-Index drops for second day, losing nearly 24 points
17/05 MSCI adds five Vietnamese stocks to its index
15/05 Large-cap, oil & gas stocks boost VN-Index
10/05 Net sells by foreign investors not a worry: analysts
10/05 VN-Index suffers as large-caps fall
10/05 Derivatives market records surge in transaction value in April
07/05 Market to see correction on fears of bull trap
05/05 VN-Index slightly rises to stand at 1,026.8 points
 
Newsletter Signup
Top Stories
Businesses concerned about rising exchange rate pressure
Gold bar auction to be resumed after 11 years of suspension
PM Chính requires strengthened gold market management
Bank shareholders to receive high dividends, stock bonuses
Shares sustain gains on strong investor confidence
Market Update
Last updated at 3:05:00 PM
VN-INDEX 1,209.52 +4.55/+0.38%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.