Key stock indices declined on June 8 after a strong rally on the previous trading session.
On the HCM Stock Exchange, the VN-Index lost 0.9 of its value to close at 439.57 points. The value of trades dropped slightly from the previous session to 627.3 billion VND (29.9 million USD), while volume rose 17.6 to 37.4 million shares.
Losers outnumbered gainers by 117-89. Among the 10 leading shares by capitalisation, only shares of insurer Bao Viet Holdings (BVH) saw gains.
Saigon Securities Inc (SSI), the most-active share with 3.1 million changing hands, ended the session down by 0.8.
"Demand for SSI was not small, but as sell pressures grew, it still lost ground," said the head of analysis for Au Viet Securities Co, Ta Thu Tin. "On the Hanoi Stock Exchange, some shares such as Bao Viet Securities (BVS), PetroVietnam Construction (PVX) and VNDirect Securites (VND) have seen high trades recently, but once investors have realised gains of 15, they sell off."
On the Hanoi market, the HNX-Index also dipped 0.6, closing at 75.63 points. The value of trades reached nearly 716 billion VND (34 million USD), a jump of 64.8 over June 7's session, while the volume of trades climbed by 74.7 to a total of 66.4 million shares.
The gap between losers and gainers was narrow. Kim Long Securities Co (KLS) was the most-active share, with 5.6 million traded.
Foreign investors shifted to being sellers in Hanoi, unloading a net of 3.6 billion VND (171,400 USD) worth of shares, while they were net buyers in HCM City of merely 1.4 billion VND (67,700 USD)./.
On the HCM Stock Exchange, the VN-Index lost 0.9 of its value to close at 439.57 points. The value of trades dropped slightly from the previous session to 627.3 billion VND (29.9 million USD), while volume rose 17.6 to 37.4 million shares.
Losers outnumbered gainers by 117-89. Among the 10 leading shares by capitalisation, only shares of insurer Bao Viet Holdings (BVH) saw gains.
Saigon Securities Inc (SSI), the most-active share with 3.1 million changing hands, ended the session down by 0.8.
"Demand for SSI was not small, but as sell pressures grew, it still lost ground," said the head of analysis for Au Viet Securities Co, Ta Thu Tin. "On the Hanoi Stock Exchange, some shares such as Bao Viet Securities (BVS), PetroVietnam Construction (PVX) and VNDirect Securites (VND) have seen high trades recently, but once investors have realised gains of 15, they sell off."
On the Hanoi market, the HNX-Index also dipped 0.6, closing at 75.63 points. The value of trades reached nearly 716 billion VND (34 million USD), a jump of 64.8 over June 7's session, while the volume of trades climbed by 74.7 to a total of 66.4 million shares.
The gap between losers and gainers was narrow. Kim Long Securities Co (KLS) was the most-active share, with 5.6 million traded.
Foreign investors shifted to being sellers in Hanoi, unloading a net of 3.6 billion VND (171,400 USD) worth of shares, while they were net buyers in HCM City of merely 1.4 billion VND (67,700 USD)./.
