May 15: UPCoM-Index Closes Down Following Official Bourses
The UPCoM-Index, the measure of 130 unlisted public companies closed down for the second consecutive day on Tuesday following official bourses. Liquidity was still in low level.
The UPCoM-Index, the measure of 130 unlisted public companies closed down for the second consecutive day on Tuesday following official bourses. Liquidity was still in low level.
Foreigners were net sellers on both HOSE and HNX on Tuesday. Level of participation increased.
Vietnamese stocks continued to tumble today on massive sell-off as investors rushed to sell shares to minimize losses as market sentiment rotten fearing further decline.
Brokers are concerned that the market will see further consolidation this week.
Bao Viet Securities Companies (BVSC) forecast Vietnam’s consumer price index (CPI) in May to accelerate to 0.3% at most, the local news provider Gafin reported.
Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the 11:30 a.m. break in Ho Chi Minh City.
The UPCoM-Index, the measure of 130 unlisted public companies closed down on Monday following official bourses, liquidity was still in low level.
Foreigners changed to net sellers on HOSE and net buyers on HNX on Monday. Level of participation eased.
Vietnamese stocks tumbled today on massive sell-off as investors feared further correction after the index posted strong gain year to-date and possible electricity price hike in sight.
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