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Of them, 86 shares plummeted limit down.
At the session’s end, FPT Corporation (FPT) fell VND9,000, Kinh Do Food (KDC) was down by VND8,000, Vinamilk (VNM) by VND7,000, and Saigon Securities (SSI) and Tan Tao Industrial Zone (ITA) VND6,000.
Other blue chips also plunged down: Hoa Phat (HPG) by VND4,500, Vinh Son Hydropower (VSH) VND1,900 and Ha Tien 1 Cement (HT1) VND1,800.
Saigon Cables & Telecommunication Materials (SAM) suffered the biggest crash since it tumbled by VND23,000.
Trading volume declined while the bourse saw some massive lots matched, indicating that investors are still looking for new shares.
However, most prefer selling old shares to buying new ones, analysts commented.
Recently, the government has been trying to revive the securities market including encouraging investors to increase trading, limiting supplies and easing up on securities-mortgaged loaning.
Their efforts proved somewhat fruitful when on January 16, the VN-Index suddenly shot up by 37.24 points, 4.6% higher than the day before to close at 846.07 while the HASTC-Index in Ha Noi managed to climb up 19.83 points, up 7.46% to close at 285.63.
However the following day, the VN-Index declined again by 12.26 points to close at 833.81.
(Source: SGGP)
