Stock market continues going down November 12

The last trading session of this week (November 12) continued witnessing another downfall of Vietnam’s stock market when the VN Index slipped to nearly 440 points and HNX at 100 point threshold.

Specialists said that the macro uncertainty continued to weigh heavily on the stock market and investors remained indifferent and wait patiently for changes on foreign exchange rate and inflation.

Ending the first trading session, the VN Index slipped 1.91 points or 0.43 percent to 444.78 pts. The trading session remained gloomy with the trading volume of less than one million shares for below 20 billion dong.

In the following stage, the VN Index continued to fall over 1 percent.

Finally, the stock market recorded the fourth consecutive fall in week as the VN Index dropped 5.09 points or 1.14 percent to 441.6 pts.

The total trading volume reached 44.4 million shares worth 912.39 billion dong.

The stock market today continued receiving the supports from Blue-chips. However, the market saw 224 shares decreasing while 25 others increasing.

Some key stocks supported the market such as HAG, MSN, BVH, VCB and PPC.

Like the southern bourse, the HNX Index today (November 12) also went down the 100 point threshold.

Closing the trading session, there were only 13 shares increasing while 271 shares decreasing. – AtpVietnam

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Posted by VBN on Nov 12 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

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