Profit-booking activities had dragged shares down on both the national stock exchanges on May 22 after four consecutive days of posting gains.
The red colour dominated the billboard with 145 decliners on Ho Chi Minh Stock Exchange, overwhelming advancers, which numbered 82. On Hanoi Exchange, losers outnumbered gainers by 146–71.
On Hochiminh Stock Exchange, the VN-Index lost 2.15 points or as much as 0.4 percent to end at 541.73 points despite gain in the morning trading.
Not only speculative stocks posted losses, large-cap stocks also tumbled with the VN30-Index, tracking the performance of the southern bourse's largest stocks by capitalisation and liquidity, slid by 0.68 percent to end at 592.75 points.
Only five blue chips managed to increase on May 22, including Vinamilk (VNM), Kinh Do Corporation (KDC), Hoa Phat Group (HPG), Bao Viet Holdings (BVH) and HCM City Infrastructure Investment Corporation (CII).
PetroVietnam Low-Pressure Gas Distribution (PGD) were among those with significant losses, tumbling 16.08 percent to end at 33,400 VND (1.59 USD) a share.
Hoa Sen Group (HSG) dropped by 4.97 percent to end at 44,000 VND (2.09 USD) a share, among other decliners such as Masan Group (MSN) and Vingroup (VIC).
Profit-booking activities occurred on a large scale, but sellers remained calm and buyers boosted shares purchase. This helped boost the trading volume and value 26 percent and 35 percent, respectively, higher than the previous trading session.
After posting strong gains for two consecutive trading sessions, most stocks of the property and securities sectors declined on May 22.
FLC Group (FLC) was the most heavily traded stock on the southern bourse with more than 17.3 million shares changing hands, closing at its reference prices.
On Hanoi Exchange, the HNX-Index dropped 1.31 percent to 74.57 points while the HNXFF-Index, composed of stocks with minimum free float rate of 5 percent, lost 1.41 percent at 75.23 points.
The HNX30-Index closed 2.4 percent lower at 147.76 points.
The trading volume and value slightly increased over the previous trading to reach 86 million shares and 719 billion VND (34.2 million USD).
Foreign investors bought a net volume of 2.5 million shares on both bourses on May 22, 85.55 percent higher than the previous trading. However, they became net sellers by value of 44.84 billion VND (2.13 million USD), eight times higher than the May 21 trading.-VNA
The red colour dominated the billboard with 145 decliners on Ho Chi Minh Stock Exchange, overwhelming advancers, which numbered 82. On Hanoi Exchange, losers outnumbered gainers by 146–71.
On Hochiminh Stock Exchange, the VN-Index lost 2.15 points or as much as 0.4 percent to end at 541.73 points despite gain in the morning trading.
Not only speculative stocks posted losses, large-cap stocks also tumbled with the VN30-Index, tracking the performance of the southern bourse's largest stocks by capitalisation and liquidity, slid by 0.68 percent to end at 592.75 points.
Only five blue chips managed to increase on May 22, including Vinamilk (VNM), Kinh Do Corporation (KDC), Hoa Phat Group (HPG), Bao Viet Holdings (BVH) and HCM City Infrastructure Investment Corporation (CII).
PetroVietnam Low-Pressure Gas Distribution (PGD) were among those with significant losses, tumbling 16.08 percent to end at 33,400 VND (1.59 USD) a share.
Hoa Sen Group (HSG) dropped by 4.97 percent to end at 44,000 VND (2.09 USD) a share, among other decliners such as Masan Group (MSN) and Vingroup (VIC).
Profit-booking activities occurred on a large scale, but sellers remained calm and buyers boosted shares purchase. This helped boost the trading volume and value 26 percent and 35 percent, respectively, higher than the previous trading session.
After posting strong gains for two consecutive trading sessions, most stocks of the property and securities sectors declined on May 22.
FLC Group (FLC) was the most heavily traded stock on the southern bourse with more than 17.3 million shares changing hands, closing at its reference prices.
On Hanoi Exchange, the HNX-Index dropped 1.31 percent to 74.57 points while the HNXFF-Index, composed of stocks with minimum free float rate of 5 percent, lost 1.41 percent at 75.23 points.
The HNX30-Index closed 2.4 percent lower at 147.76 points.
The trading volume and value slightly increased over the previous trading to reach 86 million shares and 719 billion VND (34.2 million USD).
Foreign investors bought a net volume of 2.5 million shares on both bourses on May 22, 85.55 percent higher than the previous trading. However, they became net sellers by value of 44.84 billion VND (2.13 million USD), eight times higher than the May 21 trading.-VNA
