Stocks fall slightly, confidence improves - News Summed Up

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Stocks fall slightly, confidence improves


The benchmark VN Index on the HCM Stock Exchange went down slightly to close at 773.43 points, little changed from Wednesday’s closing level. The HNX Index on the Hà Nội Stock Exchange inched down 0.10 per cent to end at 100.97 points. Việt Nam’s stock market on Wednesday tumbled, posting the worst fall in 20 months, after tension between the US and North Korea escalated and false news about the arrest of a former highly-ranking bank executive. The sharp decline on Wednesday offered investors a chance to purchase stocks that were hit hard, according to Sài Gòn-Hà Nội Securities (SHS). On such conditions, SHS forecast that the VN Index on Friday would fluctuate and move sideways in the range of 777 and 784 points.


Source: Viet Nam News August 11, 2017 00:00 UTC



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