Vietnam’s benchmark VN-Index retreated the second day to wrap week in red on May 13 as investors continued to sell off on speculation that rising inflation would urge the central bank to tighten monetary policy.
The shares of 284 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange contracted 0.51 percent, or 2.47 points, to close at 479.67 points.
There were 81 gainers, and 110 losers on the city bourse today, while 98 remained unchanged.
Trading volume on the city bourse fell by 18 percent over the previous trading session as 18.2 million shares changed hands at a value of VND404 billion.
Vietnam Commercial Joint Stock Export Import Bank or Eximbank (EIB) took the position of most active share in volume with 1.09 million shares traded.
Saigon Securities Inc. (SSI), the country’s largest brokerage, came next with 876,410 shares changing hands, followed by Saigon Thuong Tin Joint Stock Commercial Bank or Sacombank (STB) with 584,450 shares.
Dong Thap Trading Corporation (FDG) sank 4.93 percent to VND19,300.
Cotec Investment & Land-House Development Joint Stock Company (CLG) slumped for four consecutive days, losing 4.9 percent to close at VND13,600.
Song Da Urban & Industrial Zone Investment & Development Joint Stock Company (SJS) fell 4.87 percent to VND37,100.
Techno - Agricultural Supplying Joint Stock Company (TSC) recovered 4.72 percent to finish at VND13,300.
Dien Quang Joint Stock Company (DQC) rebounded 4.65 percent to close at VND18,000.
Freight Forwarding & Trading Joint Stock Company (VNL) revived 4.62 percent to trade at VND13,600.
The Hanoi’s HNX-Index of the smaller in the north declined 0.4 percent, or 0.33 points, to close at 82 points. Trading volume slightly dropped over the previous trading session as 19 million shares worth VND253 billion changed hands.
Meanwhile, the UPCoM-Index of unlisted shares shortened 0.32 points to 34.48 points this morning. A total of 121,595 shares changed hands at a value of VND1.1 billion as of 11:15 am local time.
