Investors were cautious about the market's outlook at the beginning of the week.
It pushed down liquidity to a two-month low and pulled down stock indices on the two stock exchanges on October 13.
"Investors reacted more carefully with local shares, as some companies prepared to release third-quarter earnings reports," an analyst at FPT Securities Co said on the company's website.
On the Hochiminh Stock Exchange, the VN-Index lost 3.5 points, or 0.57 percent, to close the session at 614.22 points.
The VN30, which tracks performance of the top 30 shares by market value and liquidity, also decreased 0.1 percent to end at 651.07 points.
The market volume declined 20 percent from the previous session, totaling nearly 120 million shares while trade values went down 15 percent to reach 2.255 trillion VND (107 million USD).
Sluggish trades also lowered trading volume of hot shares like FLC Group (FLC), Saigon Securities Inc (SSI), Ocean Group (OGC), Tan Tao Investment Industry (ITA) and Kinh Bac City Development (KBC) to just several million shares.
Increased demand for OGC in the afternoon pushed this share to the most active code on the southern bourse with 8.55 million shares. The share price also climbed 2.36 percent to settle at 13,000 VND per share.
On the Hanoi Stock Exchange, the HNX-Index also inched down 0.03 percent to finish at 90.43 points.
However, the HNX 30 Index, which tracks the top 30 stocks based on the market value and liquidity, rose 0.12 percent to stand at 189.06 points.
Liquidity here hit a two-month low, because of weak trading with 58.6 million shares worth 829.4 billion VND (39.3 million USD).
Demand on speculative stocks such as Saigon-Hanoi Bank (SHB) and PetroVietnam Construction Corporation (PVX) remained good. More than 7 million SHB shares were traded, making it the most active code on October 13. PVX came second with 5.5 million shares exchanged.
Foreign investors became net sellers on both markets on October 13 when unloading shares worth a combined 286 billion VND (13.5 million USD).-VNA
It pushed down liquidity to a two-month low and pulled down stock indices on the two stock exchanges on October 13.
"Investors reacted more carefully with local shares, as some companies prepared to release third-quarter earnings reports," an analyst at FPT Securities Co said on the company's website.
On the Hochiminh Stock Exchange, the VN-Index lost 3.5 points, or 0.57 percent, to close the session at 614.22 points.
The VN30, which tracks performance of the top 30 shares by market value and liquidity, also decreased 0.1 percent to end at 651.07 points.
The market volume declined 20 percent from the previous session, totaling nearly 120 million shares while trade values went down 15 percent to reach 2.255 trillion VND (107 million USD).
Sluggish trades also lowered trading volume of hot shares like FLC Group (FLC), Saigon Securities Inc (SSI), Ocean Group (OGC), Tan Tao Investment Industry (ITA) and Kinh Bac City Development (KBC) to just several million shares.
Increased demand for OGC in the afternoon pushed this share to the most active code on the southern bourse with 8.55 million shares. The share price also climbed 2.36 percent to settle at 13,000 VND per share.
On the Hanoi Stock Exchange, the HNX-Index also inched down 0.03 percent to finish at 90.43 points.
However, the HNX 30 Index, which tracks the top 30 stocks based on the market value and liquidity, rose 0.12 percent to stand at 189.06 points.
Liquidity here hit a two-month low, because of weak trading with 58.6 million shares worth 829.4 billion VND (39.3 million USD).
Demand on speculative stocks such as Saigon-Hanoi Bank (SHB) and PetroVietnam Construction Corporation (PVX) remained good. More than 7 million SHB shares were traded, making it the most active code on October 13. PVX came second with 5.5 million shares exchanged.
Foreign investors became net sellers on both markets on October 13 when unloading shares worth a combined 286 billion VND (13.5 million USD).-VNA
