The VN Index fell below 590 points on June 25, marking the third consecutive decline. Total market liquidity decreased against the previous session and traders put a strong selling pressure on blue chips.

Overall, the national stock market traded a total of 162 million shares, worth 2.25 trillion VND (104.3 million USD), a decrease of 18 percent over the previous day.

On the Hochiminh Stock Exchange, VN-Index was down 0.34 percent to 587.99 points.

Declining shares outnumbered gainers by 138 to 58 while 108 others remained unchanged.

Bank shares either declined or remained flat, except the Bank for Investment and Development of Vietnam (BID). It made a slight gain of 0.44 percent to reach 22,700 VND per share. Bank shares also had high market liquidity.

While gas shares showed no improvement in market value, securities shares stayed positive. HCM City Securities Corporation (HCM) gained 1.43 percent when Saigon Securities Incorporation (SSI) and Agribank Securities JSC (AGR) rose by 0.42 and 1.59 percent, respectively.

Blue chips in the VN30 basket had a bad day, forcing the VN30 Index to drop 0.2 percent to 609.49 points with 17 decliners and only six gaining codes. Those gainers included Vietnam Dairy Products JSC (VNM) with a growth of 1.83 percent to 111,000 VND per share.

Shares with low market value still attracted investors during yesterday's session. FLC Group (FLC) closed as the most active code on the market with 17 million shares traded after falling 3.37 percent in market value.

On the Hanoi Stock Exchange, the HNX Index ended almost flat, losing 0.02 percent to end at 86.44 points with balance number between decliners and gainers, which was 92. Blue chips on the northern bourse were also down. The HNX30 Index fell by 0.45 percent to 165.84 points.

Bank shares and securities shares were mixed. Asia Commercial Bank (ACB) ended at 21,600 VND per share, an increase of 0.93 percent while Saigon-Hanoi Bank (SHB) was unchanged.

IB Securities JSC (VIX) and Saigon-Hanoi Securities JSC (SHS) decreased in values while Vietnam Investment Securities Company (IVS) stayed the same and VNDirect Securities JSC (VND) rose by 0.73 percent. FIT Investment JSC (FIT) traded 8 million of its shares to become the most active code on the northern bourse. The share dropped 2.31 percent to 12,700 VND per share.

Foreign investors bought a total value of 7.49 billion VND (346,500 USD) shares on the northern market and a total sell value of 87 billion VND (4 million USD) on the southern bourse.-VNA