Heavy sales on the HCM Stock Exchange drove the VN-Index back down on Dec. 16 to a five-month low of 442.1 points, a dive of 3.77 percent.

But the heavy sell-off boosted trading volume of 36.1 million shares, worth a combined 1.28 trillion VND (69.2 million USD).

On the Hanoi Stock Exchange, the HNX-Index plunged for a second day, dropping another 4.23 percent to close at 137.54. Trades totalled 362.9 billion VND (19.6 million USD) on a volume of 14.3 million shares.

Foreign investors, sensing the long-term trend, turned to net buyers on the HCM Stock Exchange on Dec. 16, acquiring a net of 2.7 million shares. They continued as net sellers in Hanoi , however, but at a modest net volume of just 60,800 shares./.