The VN-Index on May 25 lost ground for the 10th consecutive session, diving 4 percent to close 386.36 points.
On the HCM Stock Exchange, decliners accounted for 86 percent of the listed codes.
The value of trade was modest, with 674 billion VND (32 million USD), worth 35.5 million shares, changing hands, down 4 percent in value and 9 percent in volume over the previous session.
The 10 largest shares in terms of capitalisation, which therefore hold the greatest influence on the VN-Index, all plummeted. Notably, eight codes bottomed out, while Sacombank (STB) dropped 2.5 percent and Eximbank (EIB) 0.7 percent.
Most of the shares were heavily washed out, while demand was weak, with numerous stocks being ignored.
Analysts on the financial information website stockbiz.vn said the problem of interest rates, inflation and exchange rates could not be resolved in the short term and that cash flow into the market would continue to be limited.
On the Hanoi Stock Exchange, the HNX-Index marked its 12th consecutive tumble, ending down 4 percent to 69.01 points.
Decliners outnumbered advancers by 292-15. Market value reached 88 percent of he previous day's figure, worth 321.3 billion VND. Trading volume also dropped 11.4 percent to 31.2 million shares.
Kim Long Securities Co (KLS) claimed the highest traded volume at nearly 3 million shares.
Foreign investors sold off blue-chip shares with a net value of 63.2 billion VND (3 million USD) on the HCM City bourse. In Hanoi , net sales by foreign investors were worth 6.7 billion VND (319,000 USD)./.
On the HCM Stock Exchange, decliners accounted for 86 percent of the listed codes.
The value of trade was modest, with 674 billion VND (32 million USD), worth 35.5 million shares, changing hands, down 4 percent in value and 9 percent in volume over the previous session.
The 10 largest shares in terms of capitalisation, which therefore hold the greatest influence on the VN-Index, all plummeted. Notably, eight codes bottomed out, while Sacombank (STB) dropped 2.5 percent and Eximbank (EIB) 0.7 percent.
Most of the shares were heavily washed out, while demand was weak, with numerous stocks being ignored.
Analysts on the financial information website stockbiz.vn said the problem of interest rates, inflation and exchange rates could not be resolved in the short term and that cash flow into the market would continue to be limited.
On the Hanoi Stock Exchange, the HNX-Index marked its 12th consecutive tumble, ending down 4 percent to 69.01 points.
Decliners outnumbered advancers by 292-15. Market value reached 88 percent of he previous day's figure, worth 321.3 billion VND. Trading volume also dropped 11.4 percent to 31.2 million shares.
Kim Long Securities Co (KLS) claimed the highest traded volume at nearly 3 million shares.
Foreign investors sold off blue-chip shares with a net value of 63.2 billion VND (3 million USD) on the HCM City bourse. In Hanoi , net sales by foreign investors were worth 6.7 billion VND (319,000 USD)./.
