Vietnam index ends down 1.4 in volatile trade

By , Reuters

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A woman rides a bicycle past the stock exchange center in Hanoi, Vietnam September 1, 2015. A woman rides a bicycle past the stock exchange center in Hanoi, Vietnam September 1, 2015.

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Vietnam's benchmark VN Index .VNI closed down 1.42 percent on Thursday, the third fall this week, dragged by the losses of banks and energy stocks due in part to lower global oil prices.
The fall on Thursday, making Vietnam the sole one-day decliner in Southeast Asia, brought the market's combined loss this week to nearly 3 percent.
PetroVietnam Gas GAS.HM, the country's third-biggest firm by market value, dropped 3.99 percent following the fall of oil prices on a surprise build in U.S. inventory levels and a firm dollar.
Vietcombank VCB.HM, Vietnam's top lender by capitalisation, fell 2.12 percent and top insurer BaoViet Holdings BVH.HM lost 4.37 percent.

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