Ha Noi (VNA) – Stock investors seemed to lose hope for a market rebound as indexes on bourses in Ho Chi Minh City and Ha Noi fell during the March 14 trading session.
At the end of the session, VN-Index of the Ho Chi Minh City Stock Exchange lost 3.80 points, or 0.59 percent, to close at 643.80 points. Some 10 million shares were traded at a value of 559 billion VND.
Prices of blue-chips like leading IT company FPT and Phu My Nitrogenous Fertiliser company (DPM) stabilised, while others like the Hau Giang Pharmaceutical Company’s DHG and the Saigon Thuong Tin Commercial Bank’s (Sacombank) STB reduced.
On the Ha Noi bourse almost all shares reduced slightly, dropping 1,000-2,000 VND per share.
The HaSTC-Index lost 2.82 points, or 1.24 percent, to 224.69 points with 3.4 million shares changing hands at a value of 208 billion VND.
An official from the APEC Securities Company said the State Capital Investment Corporation’s move to stabilise the market had positive effects on investors.
According to the company spokesperson, the market needs more assistance to prevent a possible drop if the world economy gives negative signals.-Enditem
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