Sales pressure at the end of January 10’s session saw shares dip, and only the VN-Index on the Ho Chi Minh City Stock Exchange gained 0.4 percent to reach 518.94 points.
Meanwhile, the VN30 Index, tracking the city's 30 leading shares by capitalisation and liquidity, shed 0.2 percent to hit 576.16 points.
Nearly 40 percent of the listed codes closed in the red, including 17 of the 30 blue chips.
Profit-taking drove the trading value up 32.4 percent to 1.8 trillion VND (84.9 million USD) as 107.2 million shares changed hands.
On the Hanoi Stock Exchange, the HNX-Index ended at 70.76 points, losing 0.56 percent.
The HNX30 Index, tracking the bourse's top 30 shares, also fell 0.7 percent to 134.92 points.
Trading value decreased 16.7 percent compared to January 9’s session, reaching 514.6 billion VND (24.2 million USD) on a volume of 53.9 million shares.
Although the VN-Index successfully exceeded its resistance on January 9 and continued to rise on January 10, technical indicators showed that it will decline in the coming sessions, said FPT Securities analysts.
Meanwhile, the HNX-Index's support level is 68.50-70 points and its resistance is 73 points.
While the market could tumble during some sessions in the next trading week, Bao Viet Securities analyst Tran Hai Yen is confident that it will rebound thanks to the profitable performance of several enterprises.
Vo Dinh Khoi from ACB Securities was also positive about the market's medium-term prospects. "The VN-Index is recovering to last year's peak of 533 points," he said.
For the short term, investors could buy more blue chips, he added.
Foreign investors concluded yesterday as net buyers on both exchanges, with a combined margin of 93.9 billion VND (4.4 million USD).-VNA
Meanwhile, the VN30 Index, tracking the city's 30 leading shares by capitalisation and liquidity, shed 0.2 percent to hit 576.16 points.
Nearly 40 percent of the listed codes closed in the red, including 17 of the 30 blue chips.
Profit-taking drove the trading value up 32.4 percent to 1.8 trillion VND (84.9 million USD) as 107.2 million shares changed hands.
On the Hanoi Stock Exchange, the HNX-Index ended at 70.76 points, losing 0.56 percent.
The HNX30 Index, tracking the bourse's top 30 shares, also fell 0.7 percent to 134.92 points.
Trading value decreased 16.7 percent compared to January 9’s session, reaching 514.6 billion VND (24.2 million USD) on a volume of 53.9 million shares.
Although the VN-Index successfully exceeded its resistance on January 9 and continued to rise on January 10, technical indicators showed that it will decline in the coming sessions, said FPT Securities analysts.
Meanwhile, the HNX-Index's support level is 68.50-70 points and its resistance is 73 points.
While the market could tumble during some sessions in the next trading week, Bao Viet Securities analyst Tran Hai Yen is confident that it will rebound thanks to the profitable performance of several enterprises.
Vo Dinh Khoi from ACB Securities was also positive about the market's medium-term prospects. "The VN-Index is recovering to last year's peak of 533 points," he said.
For the short term, investors could buy more blue chips, he added.
Foreign investors concluded yesterday as net buyers on both exchanges, with a combined margin of 93.9 billion VND (4.4 million USD).-VNA
