HNX slips to 88.45 pts, lowest level since March 13 2009

The Vietnam’s stock market during recent days has been witnessing cautious and worrying mood, especially worries from the macro economy.



Closing the trading session today March 9, the HNX Index dropped to below the threshold of 90 points, marking the lowest level since March 13, 2009.



Particularly, the VN Index slipped 4.87 points or 1.02 percent to 470.51 pts and the HNX Index slipped another 1.6 points or 1.78 percent to 88.45 pts.



Thus, after two years since March 13 2009 when the HNX Index stood at 88.67 points, the HNX Index today tumbled to a new bottom. The lowest level since establishing the Hanoi Stock Exchange (HNX) was 78.06 pts set on February 24, 2009.



On the Hochiminh Stock Exchange (STC), the total trading volume including both matching order trade and negotiation transactions reached over 29.97 million shares worth over 711.33 billion dong, up 5.15 percent in volume and 5.57 percent in value day on day.



On the northern floor, the total market trade was over 31.8 million shares valued at over 445.06 billion dong, up 5.54 percent in volume and 9.67 percent in value from the previous session.



At the time of closing, the southern floor saw 45 gainers and 202 losers while the HNX Index witnessed 54 gainers and 232 losers.

Tags: Vietnam business news, Vietnam stock news

Posted by VBN on Mar 11 2011. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry