Vn-index slumps upon acceleration concerns
Vietnam’s benchmark VN-Index retreated for the second day upon Feb seventeen as investors dumped shares to turn aside risk among conjecture upon taking flight inflation.
The sign, that marks 280 companies as well as 5 mutual supports listed upon the Ho Chi Minh Stock Exchange, sank 0.64 percent, or 3.28 points, to tighten during 509.83 points.
Among the index members, 47 increasing, 182 declined, whilst 56 remained unchanged.
Trading volume somewhat rose over the prior trade event with await from unfamiliar investors. Nearly 36 million shares altered hands during the worth of VND859 trillion.
Saigon Securities Inc.( SSI), the country’s largest brokerage, took the mark of many active share in volume with 2.73 million shares becoming different hands.
It was followed by Refrigeration Electrical Engineering Corporation( REE) with 1.92 million shares.
Tan Tao Investment Industry Corporation( ITA) came subsequent with 1.74 million shares traded.
Dai Thien Loc Corporation( DTL) collapsed 8.7 percent to VND21, 000. The association will compensate dividends to the stream shareholders upon March twenty-one as well as Apr fourteen during the sum comparative measure of twenty percent.
Interfood Shareholding Association( IFS), Sai Gon Fuel Association( SFC), as well as Binh Duong Trade as well as Development Joint Stock Association( TDC) all plunged 5 percent to VND11, 400, VND28, 500, as well as VND26, 600 respectively.
Saigon Beer Transportation Joint Stock Association( SBC) marched south the third day, pleat 4.97 percent to VND30, 600.
Khang An Investment Real Estate Joint Stock Association( KAC) lengthened the winning strain to 4 true days, adding up 4.89 percent to VND27, 900.
Vietnam Container Shipping Joint Stock Association( VSC) grew 4.69 percent to VND67, 000.
Ngo Han Joint Stock Association( NHW) went up for 3 true days, gaining 4.46 percent to VND16, 400.
The not as big bourse in the north headed for 5 uninterrupted days of waste as the Hanoi’s HNX-Index tumbled 1.44 percent, or 1.52 points, to tighten during 103.97 points. Trade volume shot up thirty percent over the prior day as some-more than twenty-six million shares altered hands worth VND428.79 billion.
Meanwhile, the UPCom-Index edged up 0.15 points to 41.58 points this morning. The sum of 83, 400 shares altered hands during the worth of VND870.87 million.
