The market saw a slight recovery later on March 4 as losses of benchmark indices narrowed, in comparison with the previous day, as selling pressures eased.
On the Ho Chi Minh City Exchange, the VN-Index closed down 0.59 percent at 569.97, after dropping more than 13 points in the previous session.
More than 125.5 million shares were traded, with a total value of 1.95 trillion VND (92.8 million USD).
Several blue chips managed to increase in the afternoon trading, narrowing the morning's losses. Twenty-seven blue chips closed the morning trading in the red, however, the number of losers decreased to 19, ending the day, still overwhelming gainers which numbered seven.
Gainers included Hoa Sen Group (HSG), PetroVietnam Transportation Corporation (PVT), Saigon Securities Inc (SSI), HCM City Infrastructure Investment Corporation (CII) and Pha Lai Thermoelectric Company (PPC).
However, with losses from Vinamilk (VNM), real estate giant Vingroup (VIC), PetroVietnam Drilling Corporation (PVD), PetroVietnam Drilling (PVD), Masan Group (MSN) and Kinh Do (KDC), the VN30-Index dropped 0.8 percent to end at 638.79 points.
Further, the loss was not as large as on March 3, with gainers increasing from 45 to 108 codes and losers decreasing from 212 to 112 codes.
On the Hanoi Exchange, 71 million shares changed hands on March 4, at a value of 675.9 billion VND (32.18 million USD).
The HNX-Index closed 0.14 percent down at 80.35 points, while the HNXFF-Index, which was composed of stocks with a minimum free-float rate of 5 percent, lost 0.22 percent to end at 79.92 points.
Tracking the top 30 shares by capitalisation and liquidity, the HNX30-Index finished on March 4 at 158.8 points, a drop of 0.29 percent.
Meanwhile, foreign investors boosted selling shares on March 4, concluding as net sellers with a net value of more than 154 billion VND (7.3 million USD), doubling the previous session's figure.
The net selling volume of foreign investors also reached more than six billion shares, eight times higher than the previous day's volume, especially shares of Hoang Anh Gia Lai (HAG), Masan Group (MSN), Vingroup (VIC) and PetroVietnam Drilling (PVD).
The market experienced sell-offs during trading sessions at the end of last week and opening this week, with fears that the market would plummet, along with the world market crash, due to the impact of Ukraine's political crisis.
However, world shares also rebounded on March 4 after Russia's president ordered troops involved in military exercises to return to their bases.-VNA
On the Ho Chi Minh City Exchange, the VN-Index closed down 0.59 percent at 569.97, after dropping more than 13 points in the previous session.
More than 125.5 million shares were traded, with a total value of 1.95 trillion VND (92.8 million USD).
Several blue chips managed to increase in the afternoon trading, narrowing the morning's losses. Twenty-seven blue chips closed the morning trading in the red, however, the number of losers decreased to 19, ending the day, still overwhelming gainers which numbered seven.
Gainers included Hoa Sen Group (HSG), PetroVietnam Transportation Corporation (PVT), Saigon Securities Inc (SSI), HCM City Infrastructure Investment Corporation (CII) and Pha Lai Thermoelectric Company (PPC).
However, with losses from Vinamilk (VNM), real estate giant Vingroup (VIC), PetroVietnam Drilling Corporation (PVD), PetroVietnam Drilling (PVD), Masan Group (MSN) and Kinh Do (KDC), the VN30-Index dropped 0.8 percent to end at 638.79 points.
Further, the loss was not as large as on March 3, with gainers increasing from 45 to 108 codes and losers decreasing from 212 to 112 codes.
On the Hanoi Exchange, 71 million shares changed hands on March 4, at a value of 675.9 billion VND (32.18 million USD).
The HNX-Index closed 0.14 percent down at 80.35 points, while the HNXFF-Index, which was composed of stocks with a minimum free-float rate of 5 percent, lost 0.22 percent to end at 79.92 points.
Tracking the top 30 shares by capitalisation and liquidity, the HNX30-Index finished on March 4 at 158.8 points, a drop of 0.29 percent.
Meanwhile, foreign investors boosted selling shares on March 4, concluding as net sellers with a net value of more than 154 billion VND (7.3 million USD), doubling the previous session's figure.
The net selling volume of foreign investors also reached more than six billion shares, eight times higher than the previous day's volume, especially shares of Hoang Anh Gia Lai (HAG), Masan Group (MSN), Vingroup (VIC) and PetroVietnam Drilling (PVD).
The market experienced sell-offs during trading sessions at the end of last week and opening this week, with fears that the market would plummet, along with the world market crash, due to the impact of Ukraine's political crisis.
However, world shares also rebounded on March 4 after Russia's president ordered troops involved in military exercises to return to their bases.-VNA
