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Corporations sell huge volumes of shares

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Shares struggle to stay positive, VN-Index surpassing 1,130 points

Shares struggle to stay positive, VN-Index surpassing 1,130 points 16:38 | 22/01/2021 Vietnamese shares struggled to stem a bearish mood on Wednesday with the VN-Index surpassing the 1,130 points but selling pressure still weighed on the overall market. Novaland Lakeview City project in HCM City’s District 2. Shares of Novaland soared 4 per cent on Wednesday. - VNS Photo The benchmark VN-Index on the Ho Chi Minh Stock Exchange gained 0.33 per cent to end the trading session at 1,134.68 points. More than 839.3 million shares were traded on the southern bourse, worth VND17.8 trillion (US$772 million). Market breadth was negative with 209 gainers and 235 decliners. “The VN-Index fluctuated quite strongly in the morning session, it sometimes fell below 1,100-1,110 points. However, buying forces at low price ranges helped the index gain again in the afternoon,” said news site vietstock.vn

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