Trading on the HCM Stock Exchange on November 13 lost its ground in the last minutes, while stocks continued to grow on the Hanoi Stock Exchange.
The VN-Index in HCM City inched down 0.14 percent to close the session at 603.16 points as investors increased selling blue chips to gain marginal profits.
Large-cap shares like Masan Group (MSN), PetroVietnam Drilling Wells Service (PVD), Kinh Do Corp (KDC), Bao Viet Holdings (BVH) and Hoa Sen Group (HSG) all fell steeply.
The VN30 which tracks the top 30 shares by market value and liquidity dipped by 0.47 percent to end at 638.87 points.
Money continued to pour into realty stocks such as FLC Group (FLC), Tan Tao Investment Industry Corp (ITA), Kinh Bac City Development (KBC). However, all of these shares still lost value.
FLC remained the most active stock with more than 21 million shares traded, but the share price slumped by four per cent to close at 11,900 VND.
Liquidity improved over November 12 market as both market volume and value rose 20 percent, totalling 157.5 million shares worth almost 2.5 trillion VND (118 million USD).
Foreign investors continued to unload shares in HCM City's market on November 13, responsible for a net sale value of 109 billion VND (5.1 million USD) worth of shares.
By contrast, the HNX-Index in Hanoi climbed to an eight-month high of 91.49 points, up 0.39 percent over November 12.
Hot stocks like KLF Joint Venture Global Investment Co (KLF) remained the centre of attention in Hanoi. The share continued to be the most active code with 18.7 million shares changing hands, but the price dropped by 4.2 percent to 13,700 VND after recent strong gains.
The trading volume was little altered from the previous day, totalling just under 78 million shares at a net worth of 1.15 trillion VND (54.2 million USD).
Foreign sectors again concluded the day as the largest buyers with a pick up of 14.5 billion VND (731,100 USD) worth of shares.
"Money is still flowing well in the market and the outlook remained in a positive sideways condition. However, we recommend investors to keep a reasonable ratio of cash in preparation for active buys when the market declines," analysts of FPT Securities Co said on November 13.-VNA
The VN-Index in HCM City inched down 0.14 percent to close the session at 603.16 points as investors increased selling blue chips to gain marginal profits.
Large-cap shares like Masan Group (MSN), PetroVietnam Drilling Wells Service (PVD), Kinh Do Corp (KDC), Bao Viet Holdings (BVH) and Hoa Sen Group (HSG) all fell steeply.
The VN30 which tracks the top 30 shares by market value and liquidity dipped by 0.47 percent to end at 638.87 points.
Money continued to pour into realty stocks such as FLC Group (FLC), Tan Tao Investment Industry Corp (ITA), Kinh Bac City Development (KBC). However, all of these shares still lost value.
FLC remained the most active stock with more than 21 million shares traded, but the share price slumped by four per cent to close at 11,900 VND.
Liquidity improved over November 12 market as both market volume and value rose 20 percent, totalling 157.5 million shares worth almost 2.5 trillion VND (118 million USD).
Foreign investors continued to unload shares in HCM City's market on November 13, responsible for a net sale value of 109 billion VND (5.1 million USD) worth of shares.
By contrast, the HNX-Index in Hanoi climbed to an eight-month high of 91.49 points, up 0.39 percent over November 12.
Hot stocks like KLF Joint Venture Global Investment Co (KLF) remained the centre of attention in Hanoi. The share continued to be the most active code with 18.7 million shares changing hands, but the price dropped by 4.2 percent to 13,700 VND after recent strong gains.
The trading volume was little altered from the previous day, totalling just under 78 million shares at a net worth of 1.15 trillion VND (54.2 million USD).
Foreign sectors again concluded the day as the largest buyers with a pick up of 14.5 billion VND (731,100 USD) worth of shares.
"Money is still flowing well in the market and the outlook remained in a positive sideways condition. However, we recommend investors to keep a reasonable ratio of cash in preparation for active buys when the market declines," analysts of FPT Securities Co said on November 13.-VNA
