Shares slid during trading on Feb. 21 on both of the nation's stock exchanges.
On the HCM City bourse, the VN-Index pared earlier gains to close
off by 0.74 percent from the previous day to 410.91 points.
Heavy profit-taking lifted the volume of trades by 20.6 percent over
Feb.20's level to over 59 million shares, while market value also rose
15.5 percent to 791 billion VND (37.6 million USD).
The
VN30 also declined by 0.7 percent to 462.27 points. The 30 stocks
tracked by the index accounted for 452.8 billion VND (21.5 million USD).
Of the 10 leading blue chips, only Vietinbank (CTG) and
real estate developer Hoang Anh Gia Lai (HAG) ended the session in
positive territory. Food processing giant Masan Group (MSN) dived by 2.7
percent on Feb. 21
Saigon Securities Inc (SSI), Military
Bank (MBB), construction firm Licogi (LCG), investment group Tan Tao
(ITA) and Becamex Infrastructure (IJC) all felt sell pressures on Feb.
21.
Eximbank (EIB) was the most-active share in HCM City with over 4.1 million traded.
On the Hanoi Stock Exchange, the HNX-Index lost 0.6 percent to close at
63.89 points. Trading value soared 47.5 percent over the previous day
to 648.3 billion VND (30.8 million USD), on a volume of 80.6 million
shares.
PetroVietnam Construction Co (PVX) surprised as
the most-active share, with some 10.6 million exchanged. PVX finished
the morning up 4.6 percent at 9,100 VND per share. Habubank (HBB), which
led the market on Feb. 21 in terms of volume, saw a decline of 45
percent in volume and was responsible for 7.2 million shares traded. - VNA
