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Shares end in the red due to selling pressure

Vietnamese shares ended in the red on October 15 as widespread selling pressure hit many large-cap stocks on the day.
Shares end in the red due to selling pressure ảnh 1An investor at the trading floor of Tan Viet Securities Joint Stock Company in Hanoi (Photo: VNA)

Hanoi (VNA) – Vietnamese shares ended in the red on October 15 aswidespread selling pressure hit many large-cap stocks on the day.

TheVN-Index on the Ho Chi Minh Stock Exchange (HoSE) settled at 951.64 pointsafter losing 18.44 points. There were 111 advancing codes, 191 in decline, and41 shares that went flat.

Meanwhile,the HNX-Index on the Hanoi Stock Exchange gave up 2.08 points to close at107.67 points, with 74 rising codes, 78 declining ones, and 60 others endingflat.

Therewere 181 million shares traded on the day, worth 4 trillion VND (171.48 millionUSD).

Up to 26 large-capstock codes in the VN30 basket fell, with the largest drop recorded at HSG whowere down 4.7 percent. Other codes including GAS, VRE, PNJ, REE, MSN, and VNMfell 4.1 percent, 3.3 percent, 3.1 percent, 2.7 percent, 3.4 percent, and 2.2percent, respectively.

Amongst petroleumstocks, all codes lost their prices, including PLX, by 2.3 percent; PVS, 5.7percent; PVC, 5.3 percent; PVB, 3.9 percent; and PVD, 2.5 percent.

In the banking group,major stocks like ACB, BID, TPB, CTG, HDB, SHB, MBB, and VCB declined, rangingfrom falls of 1.3 percent to 4.6 percent. Only LPB and BAB recorded an increase.

The stock securitiessector also saw sharp drops, with SSI down 2.1 percent; SHS, 2.8 percent; MBS,3.5 percent; FTS, 4 percent; and HCM, 1.7 percent.

Foreign investors posted a net purchase valueof more than 65 billion VND (almost 2.8 million USD) on the HoSE. HPG toppedthe list with nearly 46 billion VND worth of shares, followed by SBT with about36 billion VND.
 
On the HNX, foreign investors sold about 444,630shares with a net value of 11.65 billion VND. PVS led the list with shares soldworth over 20 billion VND. –VNA
VNA

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