Investors remained skeptical of share prospect, driving the market down further in the afternoon session on July 3.
On the Ho Chi Minh Stock Exchange, the benchmark VN-Index gave up 2.49 points, or 0.51 percent, to close at 487.35 points as losers outnumbered gainers by 111-78.
Large-cap shares that led the July 2's rises on stock markets slumped, with the VN30, tracking the top 30 shares on the bourse, down 0.19 percent at 543.95.
Vinamilk (VNM), Bao Viet Holdings (BVH), PV Gas (GAS), Vietcombank (VCB) and Hoa Phat Group were among losers with shares in each falling from 0.6 percent to 2.3 percent.
The trading value jumped about 50 percent over the previous session, totaling more than 1 trillion VND (48.1 million USD), while the volume of trade also increased 20 percent to 46 million shares.
Negotiated transactions accounted for around 30 percent of the total market value, focusing on shares of VinGroup (VIC) with 2.9 million shares worth 184 billion VND (8.8 million USD) exchanged and Tan Tao Investment Industry Corp (ITA) with 2.7 million shares worth 18 billion VND (857,000 USD).
Refrigeration Electrical Engineering (REE) led trade on the exchange, however, with almost 3.5 million shares changing hands at 26,000 VND (1.24 USD) a share, up 3.2 percent over the previous day's close.
On the Hanoi Stock Exchange, the HNX-Index was also off 0.21 percent from the previous day to 63.07 points with the value of trades reaching just 185 billion VND (8.8 million USD).
The market condition was negative as decliners outnumbered advancers by 107-72 while up to 213 codes were unchanged.
Investment FLC Group (FLC) continued to be the most active code with 8 million shares exchanged at 6,500 VND a unit.
According to many stock analysts, performance of several shares will likely decide on the market trend. They suggest investors not be too concerned with the index fluctuation but focus on several promising shares, which will likely report positive business results in the second quarter.
The State Securities Commission has allowed the HCM Stock Exchange to extend the trading time in the afternoon by 45 minutes, from 1pm to 3pm , from July 22.
The similar time extension will also be applied on the Hanoi Stock Exchange from July 29.-VNA
On the Ho Chi Minh Stock Exchange, the benchmark VN-Index gave up 2.49 points, or 0.51 percent, to close at 487.35 points as losers outnumbered gainers by 111-78.
Large-cap shares that led the July 2's rises on stock markets slumped, with the VN30, tracking the top 30 shares on the bourse, down 0.19 percent at 543.95.
Vinamilk (VNM), Bao Viet Holdings (BVH), PV Gas (GAS), Vietcombank (VCB) and Hoa Phat Group were among losers with shares in each falling from 0.6 percent to 2.3 percent.
The trading value jumped about 50 percent over the previous session, totaling more than 1 trillion VND (48.1 million USD), while the volume of trade also increased 20 percent to 46 million shares.
Negotiated transactions accounted for around 30 percent of the total market value, focusing on shares of VinGroup (VIC) with 2.9 million shares worth 184 billion VND (8.8 million USD) exchanged and Tan Tao Investment Industry Corp (ITA) with 2.7 million shares worth 18 billion VND (857,000 USD).
Refrigeration Electrical Engineering (REE) led trade on the exchange, however, with almost 3.5 million shares changing hands at 26,000 VND (1.24 USD) a share, up 3.2 percent over the previous day's close.
On the Hanoi Stock Exchange, the HNX-Index was also off 0.21 percent from the previous day to 63.07 points with the value of trades reaching just 185 billion VND (8.8 million USD).
The market condition was negative as decliners outnumbered advancers by 107-72 while up to 213 codes were unchanged.
Investment FLC Group (FLC) continued to be the most active code with 8 million shares exchanged at 6,500 VND a unit.
According to many stock analysts, performance of several shares will likely decide on the market trend. They suggest investors not be too concerned with the index fluctuation but focus on several promising shares, which will likely report positive business results in the second quarter.
The State Securities Commission has allowed the HCM Stock Exchange to extend the trading time in the afternoon by 45 minutes, from 1pm to 3pm , from July 22.
The similar time extension will also be applied on the Hanoi Stock Exchange from July 29.-VNA
