Market falls despite positive news on repayment terms

HÀ NỘI — The market opened the new week on a negative note due to persistent risk-off mood despite positive news on the restructuring of debt repayment terms. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index finished 1.55 points, or 0.15 per cent, lower to 1,041.36 points. The HNX-Index on the Hà Nội Stock Exchange (HNX) also dipped by 0.16 points, or 0.08 per cent, to 206.76 points. The market experienced poor performance despite news that the State Bank of Vietnam (SBV) issued a circular to allow credit institutions to restructure the repayment terms and keep the debt group unchanged. In particular, they net bougth VNĐ240.97 billion on HoSE and a small value of VNĐ716.63 million on HNX.