Markets

Vietnam index falls 0.1% on late trade selling

Reuters Hanoi | Updated on March 12, 2018 Published on December 29, 2014

Vietnam’s benchmark VN Index ended down 0.13 per cent on Monday as investors sold shares strongly in late trade before holidays, boosting the volume after a slow morning session.

Around 60 per cent of equities on the exchange headed south, led by PetroVietNam Gas, Vietnam’s biggest listed firm by market value, with a 0.71-per cent loss, followed by top insurer Baoviet Holdings that dropped 3.15 per cent.

Volume more than doubled in the afternoon compared to the morning session, taking Monday’s total to 104 million shares, above the five-day average of 96 million, as investors reduced risk exposure ahead of the January 1-2 New Year holidays.

Published on December 29, 2014
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