Vietnam stocks fall on low confidenceVietnamese shares declined on February 8 as investors showed little confidence amid the current volatility of the global markets and the sharp fall in crude prices. The unlisted market index jumped 3.3 percent in the previous session. The market trading condition was ruled by declining stocks, which were dominant over gainers by 369 to 266, while 143 other stocks ended flat. Large-cap stocks returned to the negative territory as 24 of the 30 largest ones by market capitalisation in the VN30 Index suffered from investors’ sell-off pressure. Among the industries that suffered from investors’ selling pressure, energy stocks were hit by the current downward trend of crude prices.

Source: VietNamNet News February 09, 2018 02:37 UTC