Clients at a transaction office of BIDV. The bank’s shares tumbled nearly 1.5 per cent on Thursday, leading the down trend. — Photo vietnamplus.vn Shares retreated from the morning trade on Thursday, weighed by strong selling activities after the VN-Index surpassed the key psychological level of 1,100 points. The market benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) ended the recent rallies to trade lower at 1,101.32 points, down 8.22 points, or 0.74 per cent. It had gained more than 34 points in the last five days. The breadth of the market switched to the negative zone, with 216 stocks slumping, while 127 ticker symbols finished higher. Liquidity, however, soared to the highest in the last six months. Particularly, the trading value on the southern bourse was nearly VND23.7 trillion (US$1 billion), equivalent to a trading volume of more than 1.3 billion shares. Many stocks in the VN30 basket, which tracks the 30 biggest ticker symbols in market capitalisation and liquidity on HoSE, also performed poorly. The VN30-Index fell 13.22 points, or 1.2 per cent, to close the day at 1,092.46 points. Up to 23 stocks in the VN30 basket dipped, six traded up and one stayed flat…. Read full this story
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