News

Vietnamese stocks fell today as investors sold shares across the board fearing short-term correction will continue.

Total FII value on Vietnam stock market was estimated to reach over $7 billion, increasing slightly from the same period last year.

Shares on both of the nation's stock exchanges declined this morning as investors increased their selling on fears that tightened credit policy would hinder the business environment.

Financial experts believe that the securities market correction period has not finished yet, and that the securities prices may continue decreasing in the time to come, despite the good factors which back up the market recovery.

Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the 11 a.m. local-time close.

Foreigners continued to net sell Vietnamese stocks on HOSE but changed to net buy shares on HNX.

The UPCoM-Index, the measure of 128 unlisted public companies, bucked trend to close up for a second day, liquidity improved.

Vietnamese stocks closed mixed today as investors changed to sell blue chips on HOSE while some bargain hunters picked up pennies on HNX.

The Hanoi Stock Exchange is scheduled to auction this week a combined 6.1 trillion dong ($293 million) of bonds issued by the government and two policy banks.