Vietnamese shares struggled on March 11 as the market declined due to low liquidity. (Photo: VNA)Hanoi (VNA) – Vietnamese shares struggled on March 11 as the market declineddue to low liquidity.
The benchmark VN-Index on the HoChi Minh Stock Exchange (HoSE) fell slightly 0.65 point to close at 984.6points. More than 178.6 million shares were traded at a value of more than 3.7trillion VND (159.88 million USD). There were 158 advancers and 151 declinerson the bourse.
Meanwhile the HNX-Index on the Hanoi Stock Exchange managed to maintain its uptrend.The index increased 0.1 point to reach 108.32 points. More than 45 millionshares were exchanged on the bourse worth 507.5 billion VND (21.9 million USD).
In the VN30 basket, 14 out of the 30 largest market capitalisation stocksincreased, while 12 retreated – causing the VN30-Index to inch up 0.16 points. Manylarge-cap stocks experienced strong growth like VRE (2.3 percent), NVL (4.5percent), and SBT (1.6 percent). Other stocks, including VIC, VJC, VNM, PNJ,and MWG, also closed their trading day in the green margin.
In a stark contrast, banking, oil and gas, and security stocks were the worstperformers of the day as most of them closed the trading day in red, with investorsparticularly cautious trading banking shares.
Foreign investors net bought more than 1.1 million shares at a value of nearly6 billion VND (259,000 USD) on the HoSE. Meanwhile, they sold a net value of13.72 billion VND (592,880 USD) on the HNX.
On the Unlisted Public CompanyMarket (UPCoM), foreign players net bought a value of 2.52 billion VND (108,900USD). –VNA
VNA
