The share prices of Vietnamese stock markets fell on November 5 in spite of some upward movements earlier in the session.
At the Hochiminh Stock Exchange, the VN-Index gained by 0.21 percentat certain points but finally lost by 0.23 percent to 597.01 points.Trading value reached 2.4 trillion VND (113.2 million USD), and tradingvolume reached 146 million shares.
The slump in 19of 30 blue chips that the VN30 Index tracked brought the index down by0.35 percent to close at 637.68 points.
At theHanoi Stock Exchange, the HNX-Index fell by 0.04 percent to 88.68 pointson a turnover of 993.7 billion VND (46.8 million USD) as the volume oftransactions rose to around 68 million shares.
However, the HNX30 Index, representing the performance of Hanoi 's 30largest stocks, added 0.14 percent to reach 177.22 points.
Logistics stocks performed the best, adding an overall value of 2.7percent, notably PetroVietnam Transportation (PVT), Vipco Transport(VIP) and Vietnam Tanker (VTO). Meanwhile, shares in the hardwaretechnology and equipment sector lost the most, by 2.9 percent.
Tran Duc Anh, analyst for Bao Viet Securities, commented: "Marketsentiment is quite unstable. At some points, profit-taking occurred,causing a widespread negative effect and sending indices down deeply."
However, a highlight of trading on November 5 was theincrease in liquidity due to bottom-fishing. Real estate stocksattracted most of the money with millions of shares traded, including AnDuong Thao Dien (HAR), Kinh Bac Urban Development (KBC) and FLC Group(FLC), as well as Tan Tao (ITA) and Duc Long Gia Lai (DLG).
Several stocks in other industries likewise witnessed high liquiditysuch as Quang Nam Rubber (VHG), Saigon Securities Inc (SSI),International Development and Investment (IDI) and Hoang Huy InvestmentServices (HHS).
Retailer KLF Investment (KLF) ledthe two bourses in terms of trading value with more than 14.5 millionshares changing hands. It increased by 3.5 percent to 11,700 VND pershare.
After a heavy sale on November 4, foreigninvestors became net buyers once more by a modest margin of more than 14billion VND (660,300 million USD).-VNA