Share prices slid in the Ho Chi Minh City Stock Exchange while addingvalue across the electronic board in Hanoi on December 25, though themomentum remained somewhat muted.
On the southernbourse, the VN-Index ended the session 0.24 percent lower at 504.42points. The VN30 Index, representing the city's 30 largest stocks, alsolost 0.3 percent to plunge to 561.18 points as losers outnumberedgainers 16 to five.
Trading declined 21.5 percent toaround VND980.7 billion (US$46.2 million) and 73.6 million shares,compared to December 24.
Meanwhile, on the HanoiStock Exchange, the HNX-Index rose by a modest 0.13 percent to 68.21points, but the HNX30 Index comprising 30 top blue chips fell 0.44percent to 128.90 points.
The value of tradeaccomplished reached 382.6 billion VND (18 million USD), or 61.2 percentof the December 24 level, with a volume of nearly 47 million shares.
Hanoi Investment General Corp (SHN) and (PVX) were themost active in Hanoi. The SHN hit its ceiling price for the 18thstraight day, while PVX also rose to the ceiling price for foursuccessive sessions.
Nearly 8.7 million PVX shares changed hands. Market Vector Vietnam ETF sold out all the PVX shares it had been holding.
Investors remained quite cautious. While, currently, supportiveinformation was hard to come by, news about the US' tapering of its QE3package and Vietnam's economic data for this year have all beenannounced and have impacted the market.
Meanwhile,the information that could have a far more direct influence, namelylifting of the foreign ownership restrictions, joining the Trans-PacificPartnership trade talks and corporate operations' results will becomepublic only with the advent of the new year.
Foreigninvestors turned out on December 25 as net buyers on both exchanges,increasing their net buying value to the tune of more than 77.5 billionVND (3.6 million USD).-VNA
On the southernbourse, the VN-Index ended the session 0.24 percent lower at 504.42points. The VN30 Index, representing the city's 30 largest stocks, alsolost 0.3 percent to plunge to 561.18 points as losers outnumberedgainers 16 to five.
Trading declined 21.5 percent toaround VND980.7 billion (US$46.2 million) and 73.6 million shares,compared to December 24.
Meanwhile, on the HanoiStock Exchange, the HNX-Index rose by a modest 0.13 percent to 68.21points, but the HNX30 Index comprising 30 top blue chips fell 0.44percent to 128.90 points.
The value of tradeaccomplished reached 382.6 billion VND (18 million USD), or 61.2 percentof the December 24 level, with a volume of nearly 47 million shares.
Hanoi Investment General Corp (SHN) and (PVX) were themost active in Hanoi. The SHN hit its ceiling price for the 18thstraight day, while PVX also rose to the ceiling price for foursuccessive sessions.
Nearly 8.7 million PVX shares changed hands. Market Vector Vietnam ETF sold out all the PVX shares it had been holding.
Investors remained quite cautious. While, currently, supportiveinformation was hard to come by, news about the US' tapering of its QE3package and Vietnam's economic data for this year have all beenannounced and have impacted the market.
Meanwhile,the information that could have a far more direct influence, namelylifting of the foreign ownership restrictions, joining the Trans-PacificPartnership trade talks and corporate operations' results will becomepublic only with the advent of the new year.
Foreigninvestors turned out on December 25 as net buyers on both exchanges,increasing their net buying value to the tune of more than 77.5 billionVND (3.6 million USD).-VNA
