News

Vietnamese stocks closed the morning session today in the red as investors continued to take some money off the table after recent strong rally, liquidity remained high.

The Ho Chi Minh Stock Exchange's VN Index ended 0.22 percent lower at 444.02 points on Wednesday.

Vietnamese stocks ended the day with a loss as investors continued to take some money off the table after recent strong rally on concerns over hiking petrol prices.

Foreigners continued to be net buyers on both HOSE and HNX on Wednesday, level of participation eased in volume but rose in value.

The UPCoM-Index, the measure of 130 unlisted public companies closed down on Wednesday following the official bourses with remained profit taking pressure.

Market experts have said they expect the consumer price index (CPI) growth rate to fall to 0.4-0.5% in March due to lower food prices, purchasing power and input prices.

Vietnamese stocks ended the morning session in the red as traders locked profit, volume in the HNX surged to all-time high.

Securities enterprises expected the local market would continue rallying this year with bank stocks maintaining last week’s growth momentum and FTSE index series review coming out last Friday.

Vietnamese stocks closed the day deep in the red as investors took profit, volume hit all time high on both bourses.