VN Index slips to 500 pts November 25

VNStockNews.com - Vietnam's stock markets witnessed a sharp reducing session at highest level in the past seven months, marking today as the forth consecutive point losing session so far. During the last four sessions, VN Index has lost nearly 60 points to return to threshold of 500 points.

After closing time, VN Index plunged by 23.72 points or 4.5 percent to 503.41 points with a total matching order trade of over 60.88 million shares worth about 2.735 trillion dong, increasing by 44 percent in volume and 33 percent in value compared to the previous session.

There are three new coded shares of TIX, HVG and BTP making their debut sessions today from Tan Binh Production, Trading and Import-Export Joint Stock Co, Hung Vuong Joint Stock Co and Ba Ria Thermo Power Joint Stock Co respectively.

Therefore, there were 189 share codes and fund certificates listing on the stock market. During today's session, only four codes rose, one code stood still and 184 codes slumped, in which 173 codes saw the flooring prices.

Among the four point-gainers, two new share codes of HVG and TIX rose to 57,500 dong/share and 69,500 dong/share respectively, compared to the offered price of 50,000 dong/share and 60,000 dong/share. The other two increasing codes were SFC +500 and TMS +100 dong.

On the northern floor, HNX Index dropped by 10.33 points or 5.9 percent to end at 164.87 points with a total market trade of nearly 23.415 million shares for 865.282 billion dong in value.