Heavy sales in the final minutes of Sept. 10's session on the HCM Stock Exchange dragged the VN-Index down to a close of 451.39 points, a decline of 2.65 percent.
The volume of trades continued to be modest at 52.5 million shares, totalling 1.3 trillion VND (66.7 million USD), while Saigon Securities Inc (SSI) reclaimed the place as the most active share, responsible for 2.27 million trades.
Blue chips did lose ground on Sept. 10. Masan Group (MSN) was one of the few to escape the fall, closing unchanged at 49,000 VND. But Bao Viet Holdings (BVH) plunged to its floor price, closing off 5 percent to 47,500 VND per share.
Among 26 gainers on the day, most were penny stocks.
Foreign investors contributed to the market correction by meagre buys in HCM City, picking up a net of just 600,000 shares, worth 26.6 billion VND (1.36 million USD).
On the Hanoi Stock Exchange, the HNX-Index shed 3.74 percent to end the session at 131.15 points.
The value of trades once again exceeded that on the HCM City exchange, reaching 1.37 trillion VND (70.2 million USD) on a volume of 57.8 million shares.
Foreign investors were net sellers Sept. 10 in Hanoi, offloading a net of 97,000, worth 2.69 billion VND.
The next session on September 13 on HCM Stock Exchange would see the introduction of a lengthened period of continuous trading. This change was expected to boost trades./.
The volume of trades continued to be modest at 52.5 million shares, totalling 1.3 trillion VND (66.7 million USD), while Saigon Securities Inc (SSI) reclaimed the place as the most active share, responsible for 2.27 million trades.
Blue chips did lose ground on Sept. 10. Masan Group (MSN) was one of the few to escape the fall, closing unchanged at 49,000 VND. But Bao Viet Holdings (BVH) plunged to its floor price, closing off 5 percent to 47,500 VND per share.
Among 26 gainers on the day, most were penny stocks.
Foreign investors contributed to the market correction by meagre buys in HCM City, picking up a net of just 600,000 shares, worth 26.6 billion VND (1.36 million USD).
On the Hanoi Stock Exchange, the HNX-Index shed 3.74 percent to end the session at 131.15 points.
The value of trades once again exceeded that on the HCM City exchange, reaching 1.37 trillion VND (70.2 million USD) on a volume of 57.8 million shares.
Foreign investors were net sellers Sept. 10 in Hanoi, offloading a net of 97,000, worth 2.69 billion VND.
The next session on September 13 on HCM Stock Exchange would see the introduction of a lengthened period of continuous trading. This change was expected to boost trades./.
