Shares slump on selling pressure

Shares slump on selling pressure

The VN-Index on the Ho Chi Minh Stock Exchange (HOSE) dropped 43.08 points to 1,076.78 points on April 23, representing a decrease of 3.85 percent.
 Shares slump on selling pressure ảnh 1Illustrative photo (Photo: VNA)

Hanoi (VNA) – TheVN-Index on the Ho Chi Minh Stock Exchange (HOSE) dropped 43.08 points to1,076.78 points on April 23, representing a decrease of 3.85 percent.

A total of 218 millionshares worth over 7.1 trillion VND (312.4 million USD) were traded on the HOSE.

On the Hanoi Stock Exchange(HNX), the HNX-Index declined 4.86 percent from 6.44 points to 124.16 points.More than 71.6 million shares valued at some 1.2 trillion VND (52.8 millionUSD) were traded on the exchange.

Twenty four of the top 30largest shares by market value and liquidity (VN30) declined while three,comprising VinGroup (VIC), Vietjet Air (VJC), andMobile World Group (MWG),advanced.

Across thestock market, oil and gas, banking, securities and real estate were theworst-performing industries on the day, with oil and gas, and bank stockssharply decreasing.

On theHOSE, foreign investors were net buyers of 1.94 million shares, while sellingshares worth a net value of over 38.7 billion VND (1.7 million USD).

Meanwhile,on the HNX, foreign investors turned into net sellers of 1.56 million sharesagainst their net buy value of 34.5 billion VND (1.5 million USD). -VNA
VNA

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