The VN-Index retreated by nearly a percentage point on Feb. 16 toclose at 513.11 points, reversing the previous day's moderate gains onthe HCM Stock Exchange.
The volume of trades fell 12.5percent from Feb. 15 to just 30 million shares, worth over 748.5billion VND (35.6 million USD).
Losers outnumbered gainersby 3-1, with most blue chips posting losses. Among the 10 leadingshares by capitalisation, only conglomerate Masan Group (MSN) saw gains.
PetroVietnam Finance (PVF) fell to its floor price, whileVietinbank (CTG) declined by 3.1 percent. Property developer Hoang AnhGia Lai Group (HAG) lost 2.7 percent, Phu My Fertilisers (DPM) 1.8percent, and Eximbank (EIB) 0.7 percent.
Only four codessurprised the market and hit their ceiling prices on the day, withoutany supporting information. These included Construction Company ChuongDuong Co (CDC), Information and Networking Technology (CMT), telecom NgoHan Co (NHW) and the Viet Nam Active Fund (VFMVFA).
Saigon Securities Inc (SSI) became the most-active share, with nearly1.8 million traded, with sales by foreign investors accounting for about25 percent of the total, driving SSI down 2.1 percent to a close of28,600 VND (1.35 USD) per share.
On the Hanoi StockExchange, the HNX-Index also declined by more than 1 percent to 105.49points. The value of trades fell 18 percent to just 371.2 billion VND(17.7 million USD), with a volume of less than 20 million shares.
Decliners outnumbered gainers by 189-93.
Stocks of securities companies, with volumes of over a million sharesper code, were the most active shares on the Hanoi bourse, but mostdeclined slightly, with the exception of Bao Viet Securities (BVS),which closed up 2.16 percent.
Foreign investors returnedto being net buyers on the HCM City market, after four consecutivesessions as net sellers, but continued to be net sellers in Hanoi .On both bourses combined, they picked up an overall net of 15.2 billionVND (722,000 USD) worth of shares.
With February inflationfigures expected to be released next week, investors were waiting forclearer signals before investing more actively, said Bao Viet SecuritiesCo analyst Nguyen Duc Thi./.
The volume of trades fell 12.5percent from Feb. 15 to just 30 million shares, worth over 748.5billion VND (35.6 million USD).
Losers outnumbered gainersby 3-1, with most blue chips posting losses. Among the 10 leadingshares by capitalisation, only conglomerate Masan Group (MSN) saw gains.
PetroVietnam Finance (PVF) fell to its floor price, whileVietinbank (CTG) declined by 3.1 percent. Property developer Hoang AnhGia Lai Group (HAG) lost 2.7 percent, Phu My Fertilisers (DPM) 1.8percent, and Eximbank (EIB) 0.7 percent.
Only four codessurprised the market and hit their ceiling prices on the day, withoutany supporting information. These included Construction Company ChuongDuong Co (CDC), Information and Networking Technology (CMT), telecom NgoHan Co (NHW) and the Viet Nam Active Fund (VFMVFA).
Saigon Securities Inc (SSI) became the most-active share, with nearly1.8 million traded, with sales by foreign investors accounting for about25 percent of the total, driving SSI down 2.1 percent to a close of28,600 VND (1.35 USD) per share.
On the Hanoi StockExchange, the HNX-Index also declined by more than 1 percent to 105.49points. The value of trades fell 18 percent to just 371.2 billion VND(17.7 million USD), with a volume of less than 20 million shares.
Decliners outnumbered gainers by 189-93.
Stocks of securities companies, with volumes of over a million sharesper code, were the most active shares on the Hanoi bourse, but mostdeclined slightly, with the exception of Bao Viet Securities (BVS),which closed up 2.16 percent.
Foreign investors returnedto being net buyers on the HCM City market, after four consecutivesessions as net sellers, but continued to be net sellers in Hanoi .On both bourses combined, they picked up an overall net of 15.2 billionVND (722,000 USD) worth of shares.
With February inflationfigures expected to be released next week, investors were waiting forclearer signals before investing more actively, said Bao Viet SecuritiesCo analyst Nguyen Duc Thi./.
