VN-Index hits rock bottom in past 18 years

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) took a nosedive to close at 835.49 points on March 9, recording the worst slump since 2002.

Monday, March 09, 2020 20:06

VN-Index hits rock bottom in past 18 years ảnh 1

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) took a nosedive to close at 835.49 points on March 9, recording the worst slump since 2002 (Photo: VNA)

Hanoi (VNA) – The benchmarkVN-Index on the Ho Chi Minh Stock Exchange (HoSE) took a nosedive to close at 835.49points on March 9, recording the worst slump since 2002.

Experts attributed the plunge to the negativeimpact of the acute respiratory disease caused by the SARS-CoV-2 (COVID-19) inthe world and Vietnam.

On the HoSE during the course of the day, therewere only 34 advancing codes, 386 in decline and 14 other went flat.

Notably, all stocks in the VN30, comprisingof those with the highest market capitalisation and liquidity on the HoSE,suffered losses on the day.

Meanwhile, the HNX-Index on the Hanoi StockExchange (HNX) settled at 106.34 points, with 29 increasing and 148 decreasingcodes.

Foreign investors sold shares worth 229.61billion VND (9.91 million USD) on the HoSE and 2 billion VND on the HNX./.

VNA

#COVID-19 #VN-Index #Ho Chi Minh Stock Exchange #HoSE #HNX-Index #Hanoi Stock Exchange #foreign investors #vietnamplus #Vietnam News Agency

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