Roundup: Vietnam's Hanoi stock market swings on lack of supportive information
Xinhua, November 13, 2015 Adjust font size:
Vietnam's capital Hanoi stock market fluctuated during the week due to lack of supportive information.
On Friday, the HNX-Index, the benchmark of the Hanoi Stock Exchange, closed at 81.57 points on Friday, up 0.5 points, or 0.62 percent, against the previous trading session.
A total of over 49.909 million shares worth some 510.247 billion Vietnamese dong (some 23.41 million U.S. dollars) were traded at the Hanoi Stock Exchange on Friday, an increase of 18.77 percent in volume and 18.13 percent in value against the previous trading session.
Prices of 97 stocks went up; 78 stocks fell down, while 74 stocks remained unchanged. Compared to the final session on last Friday, the HNX-Index posted a slight increase as gaining 0.07 points or 0.08 percent.
During the week, the index witnessed three consecutive ups on the first three trading sessions and two downs in the last two days, ranging between 80.53 points to 81.57 points.
In comparison, in the previous week, the HNX-Index fluctuated between 81.11 points and 81.89 points.
Compared to the last trading session in 2014, as of Friday, the HNX-Index has decreased by 1.41 points, or 1.7 percent.
According to analysts, the Hanoi Stock Exchange has fluctuated during the week due to lack of supportive information that might help lift the index.
The market is forecast to witness increasing and decreasing alternative sessions in a short period of time, said insiders.
Investors are urged to get prepared themselves to face the same situation in the market next week, suggested analysts, adding that investors should only pour a small amount of their money in potential shares. Endit