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Indices slump on blue chip fall

 
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nirvanatgr



Joined: 11 May 2011
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PostPosted: Wed Sep 21, 2011 1:49 am    Post subject: Indices slump on blue chip fall Reply with quote
HA NOI – Shares fell on the HCM Stock Exchange this morning, led by slumps of major stocks, with the VN-Index losing 1.58 per cent to close today's session at 454.37 points.

Large caps, which have a strong influence on the Index, and include insurer Bao Viet Holdings (BVH), food producer Masan Group (MSN) and PetroVietnam Finance (PVF) all dropped 4.5 per cent; while steelmaker Hoa Phat Group (HPG) and software producer FPT (FPT) both lost around 2 per cent.

A 4-per cent rise in property developer Vincom (VIC) cushioned the Index's fall. Phu My Fertiliser (DPM) and dairy giant Vinamilk (VNM) increased by just under 1 per cent.cute girl
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