July 23's rally couldn't save the HCM City market from its gloomy week after VN-Index lost 1.17 percent of its value and closed at 500.31.

The day's trading volume in the market increased 3.13 percent during the week, with 41.85 million shares traded. However, market analyst said these numbers reflected the weak performance of capital in the national stock exchanges.

The HNX-Index of Hanoi market lost 160-resistance points, and fell to 157.99 points on July 23. The index lost 1.94 percent of its value, on the trading volume for the day totalled 42.13 million shares.

Foreign investors remained as the net-buyers in southern market by picking up a volume of 1.1 million shares, while they reinforced their profits in Hanoi after selling off a net volume of 362,000 shares./.