Shares close in red on selling pressure

June 22, 2018 | 14:43
(0) user say
Shares closed the June 21 session in the red on both local stock exchanges as the selling pressure had been dominating since the beginning of morning session, despite the positive performance recorded on the previous day.
shares close in red on selling pressure
Shares close in red on selling pressure.

The benchmark VN-Index on the HCM Stock Exchange (HOSE) fell 11.56 points to 969.4 points on low liquidity while the HNX-Index on the Hanoi Stock Exchange (HNX) also lost 1.94 points to 110.16 points.

Over 3.58 trillion VND (157.52 million USD) worth of shares were traded in both bourses, a decrease from nearly 4.5 trillion VND (198 million USD) from the day before.

Among the VN30 tracking the top 30 shares by market capitalization, only Vinamilk (VNM) maintained upward trend to settle at 170,000 VND per shares and Vinhomes (VHM) and Techcombank (TCB) closed the day at their reference prices. The remaining shares were all down.

Shares of IT, banking, rubber and utility firms all crashed more than 2 percent while those of agricultural–forestry–fishery and food–beverage companies gained 0.29 percent and 0.39 percent, respectively.

The UpCoM–Index was also off 0.34 points to 51.79 points.

VNA

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional