VN-Index falls off 550-point mark due to selling pressure

The Vietnam’s stock market slid on May 6 as investors were cautious though an increase in gasoline price buoyed oil and gas shares.

 

The Vietnam’s benchmark VN-Index lost 3.35 points, or 0.61 percent, to close at 549.3 points with 168 stocks declining, 62 advancing, while 56 staying the same.

 

The VN30-Index reduced 6.06 points, or 1.04 percent, to 579.39 points with 4 gainers, 23 losers and 3 stocks unchanged.

 

The HNX-Index of the northern bourse fell 1.06 percent, or 0.85 points, to finish at 79.38 points. Among the index members, 131 shares waned, 66 waxed, while 173 were unmoved.

 

HNX30-Index also plummeted 1.35 percent, or 2.04 points, to 149.34 points.

 

Total trading value in the market was below VND2 trillion.

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