ex. Game, Music, Video, Photography

VN-Index drops as Evergrande crisis riles global markets

Vietnam’s benchmark VN-Index fell 0.79 percent to 1,339.84 points Tuesday while global markets plunged as the possible domino impact of Chinese real estate developer Evergrande’s debt threatens investors.

Ngày đăng: 22 tháng 9, 2021
Cập nhật: 23 tháng 1, 2023
Lượt xem: 333056581
Nguồn: vnexpress

The index plunged by nearly 25 points at a certain point in the morning before gradually climbing back to close nearly 11 points lower. This is its worst trading day since Aug. 23.

The fall came as global experts warn of a collapse among Chinese real estate companies as the country’s highly indebted developer Evergrande verges on the brink of default.

Most stock markets in Asia, Europe and the U.S. have fallen because of these warnings.

Trading value on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, fell 4.5 percent to VND23.43 trillion ($1.03 billion).

The VN30 basket, comprising the 30 largest capped stocks, was a sea of red with 25 tickers losing.

VRE of retail real estate arm Vincom Retail led the fall with a 3.1 percent drop, dragging it down to a seven-day low.

VHM of real estate giant Vinhomes lost 3 percent to hit a four-month low.

GVR of Vietnam Rubber Group lost 2.7 percent, while PDR of Phat Dat Real Estate Development fell 1.6 percent.

Only four blue chip tickers ended in the green, led by BVH of insurance company Bao Viet Holdings with a 3.3. percent gain.

Foreign investors turned net sellers to the tune of VND443 billion, with strongest pressure on HPG of steelmaker Hoa Phat Group and VIC of biggest private conglomerate Vingroup.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.03 percent while the UPCoM-Index for the Unlisted Public Companies Market shed 0.7 percent


Từ vựng liên quan

Tin tức liên quan

 Firms to recruit more workers in Q3
business 22/03/2021

Firms to recruit more workers in Q3

economy | 56106619

Q3 recruitment will improve over the previous quarter as countries reopen borders and some companies start to boost much-delayed production, a new report says.

All but one Mekong Delta province infected with African swine fever
news 17/09/2021

All but one Mekong Delta province infected with African swine fever

news | 322916577

Long An is the latest African swine fever victim, leaving Ben Tre as the only Mekong Delta locality untouched by the incurable disease.

Cong Tri dress offers Heidi Klum pearly appeal
life 19/09/2021

Cong Tri dress offers Heidi Klum pearly appeal

style | 325836574

The German-American model donned a sequin mini dress designed by Cong Tri for the season finale of 'Making the Cut'.

Mask producers warn raw material shortage could hit supply
business 16/09/2021

Mask producers warn raw material shortage could hit supply

industries | 317646580

Vietnamese face mask manufacturers are working overtime to meet the surging demand, but have problems importing raw materials from China.

 Southern province sees apartment supply boom
business 22/03/2021

Southern province sees apartment supply boom

industries | 49796631

There is an apartment construction boom in Binh Duong Province thanks to strong demand from industrial workers and a supply bottleneck in neighboring Saigon.

world 30/03/2021

'Clear evidence of humanitarian need' in North Korea: UN aid chief

world | 157976610

About 20 percent of children in North Korea suffer from malnutrition.

 Artist impressions a sneak peak at Saigon flower street
travel 27/03/2021

Artist impressions a sneak peak at Saigon flower street

places | 106336625

Artists' impressions provide a preview of the Saigon flower street planned for the upcoming Lunar New Year, themed around zodiac animal buffalo.

 Don’t leave the city, HCMC medical staff ordered
news 22/03/2021

Don’t leave the city, HCMC medical staff ordered

news | 53416639

The HCMC administration has instructed medical workers not to leave the city and be on call for anti-Covid-19 work.

Link Tài Trợ - Sponsored Links

Công Thức Vật Lý
Loading…