A pointy sell-off of blue chips saw a VN-Index on a HCM Stock Exchange bloat 2.03 percent to 454.91 points on May 18.
Transactions were some-more active with 28.5 million shares changing hands, compared to 24.1 million on May 17.
Total value was aloft during 537.5 billion VND (25.6 million USD).
In total, 169 holds secluded in value, while 57 gained and 63 closed
unchanged. The biggest losers were Hanoi Container Shipping (VSC),
PetroVienam General Service (PET), Licogi 16 (LCG), Thu Duc Water Supply
(TDW) and Lilama 18 (LM8).
Half of a 10 biggest
capitalised holds strike their building prices, including insurer Bao Viet
Holdings (BVH), down 5 percent to 85,500 VND; examination developer
Vinpearlland (VPL), down 4.7 percent to 62,000 VND; ability developer
Hoang Anh Gia Lai (HAG), down 4.9 percent to 36,800 VND; Masan Group
(MSN), down 4.5 percent to 107,000 VND and Vincom (VIC), down 4.2
percent to 113,000 VND.
Blue chips misplaced 2.61 percent in
total, followed by penny stocks, down by 1.19 percent and
medium-capitalised holds misplaced 0.9 percent, according to Tai Viet
Securities’ data.
Meanwhile, trade in Vietcombank (VCB)
shares, that strike their roof cost twin days ago, slowed, gaining just
3.2 percent to tie during 31,900 VND.
However, VCB saw 2.2 million shares change hands, a biggest trade of a day.
Pham Van Duy, an researcher with a Hanoi-based holds firm, conspicuous the
cut-loss activities cunning distend to offer lift down a index. “This is
worth considering,” he said.
Meanwhile, a repo interest
rate on Open Market Operations (OMO) was adult 1 elect prove to 15
percent a year on a dong market, that hinted that tightened monetary
policies would continue in a enlarged term, conspicuous Duy.
“That means income liquid into a holds marketplace continued narrowing,” he said.
The HNX-Index declined 0.88 percent during a trade eventuality to
finish during 78.86 points. Volume rose to 28.7 million shares, from 24.3
million on May 17, reaching a value of 347.6 billion VND (16.6 million
USD). Habubank (HBB) was a many actively traded share, with 2.4
million in shares changing hands. /.
