VN Index deeply declines to 491pts

The VN Index suddenly dropped during July 28 session, causing worries among the stock investors. Going against the uptrend of the global stock markets, the domestic stocks seemed to show no care to the movements of foreign stock exchanges.

After the statement released by State Bank of Vietnam about maintaining the basic interest rates of 8 percent per year, it was considered as the mainstay of the market during the time the market showed no impacts to the released information sources.

At closing time, the VN Index sharply slumped by 6.67 points or 1.34 percent to end at 491 points with the total matching order trade of over 39.6 million shares worth 1.136 trillion dong in value.

Among the listed share codes and fund certificates, 201 codes fell, only 22 codes surged. In the blue chips group, only DPM jumped 300 dong; other codes of EIB, CTG, BVH and HAG stood still at comparative price and the rest plunged. FPT, after its significant rise yesterday, lost 1,500 dong while PVF saw the flooring price.

On the northern bourse, the HNX Index dropped by 2.54 points or 1.64 percent to end at 152.28 points with total market trade of 34.49 million shares for over one trillion dong.

AtpVietnam

Tags: vietnam stock, Vietnam stock market, VNindex

Posted by VBN on Jul 28 2010. Filed under Stock. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry