VN-Index plunges, loses US$10bil in market cap


The benchmark VN-Index lost almost 60 points, or 4.7%, to close at 1,216 points. — Vietnam News

HANOI: Vietnam’s stock market unexpectedly plummeted on Monday amid growing anxiety over volatility in both domestic and international markets.

The market capitalisation on the Ho Chi Minh Stock Exchange shrank by 244 trillion dong (about US$10bil) to reach nearly five quadrillion dong in market cap as the benchmark VN-Index lost almost 60 points, or 4.7%, to close at 1,216 points.

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