The introduction of extended hours for continuous order matching, expected to boost activity on the HCM Stock Exchange, failed to stimulate any investor excitement on Sept. 13, as the VN-Index shed another 0.91 percent to close at 447.27.
Volume fell 11.7 percent from Sept. 10's session to just 45.7 million shares, worth just 1.1 trillion VND (56.4 million USD).
Under the new trading hours, the market will now spend 105 minutes in continuous order matching, instead of the previous 60 minutes. The opening and closing sessions of periodical order matching were shortened to 15 minutes each.
Viet-Han Corporation (VHG) was the most-active share, with 1.5 million changing hands, after the share gained a cumulative 20 percent over the course of several sessions last week, encouraging investors to realise profits on Sept. 13.
VHG shares closed short of their ceiling price at 20,900 VND.
On the HanoiStock Exchange Sept. 13, the HNX-Index fell for a second day to 128.22 points, a loss of 2.23 percent. Trading value dropped below the 1 trillion VND-level to895.9 billion VND (45.9 million USD), on a meagre volume of 37.56 million shares.
PetroVietnam Construction (PVX) remained the most-active share nationwide, with 5.3 million shares traded.
Foreign investors on Sept. 13 were net buyers nationwide of a net of 2.1 million shares, for a net value of 72.2 billion VND (3.7 million USD)./.
Volume fell 11.7 percent from Sept. 10's session to just 45.7 million shares, worth just 1.1 trillion VND (56.4 million USD).
Under the new trading hours, the market will now spend 105 minutes in continuous order matching, instead of the previous 60 minutes. The opening and closing sessions of periodical order matching were shortened to 15 minutes each.
Viet-Han Corporation (VHG) was the most-active share, with 1.5 million changing hands, after the share gained a cumulative 20 percent over the course of several sessions last week, encouraging investors to realise profits on Sept. 13.
VHG shares closed short of their ceiling price at 20,900 VND.
On the HanoiStock Exchange Sept. 13, the HNX-Index fell for a second day to 128.22 points, a loss of 2.23 percent. Trading value dropped below the 1 trillion VND-level to895.9 billion VND (45.9 million USD), on a meagre volume of 37.56 million shares.
PetroVietnam Construction (PVX) remained the most-active share nationwide, with 5.3 million shares traded.
Foreign investors on Sept. 13 were net buyers nationwide of a net of 2.1 million shares, for a net value of 72.2 billion VND (3.7 million USD)./.
