The Ho Chi Minh Stock Exchange on March 10 underwent a corrective session, snapping five consecutive days of gains in the VN-Index, which closed down 0.3 percent to 525.67.
Decliners outnumbered advancers on the day by 102-77.
Value fell below 2.6 trillion VND (136 million USD) on a volume of 56.6 million shares, with General Forwarding (GMD) surprising the market as the most-active share of the day, with 3.4 million changing hands.
While many financial blue chips lost value on March 10, including Vietcombank (VCB), Sacombank (STB), Eximbank (EIB), Saigon Securities Inc (SSI), and PetroVietnam Finance (PVF), property shares like Sao Mai Construction (ASM), Binh Duong Mineral and Construction (KSB), Dat Xanh Real Estate Service and Construction (DXG) all rose to their ceiling prices.
On the Hanoi Stock Exchange, the HNX-Index also slid by 0.35 percent to end the session at 172.09 points. However, volume increased to over 38.2 million shares, worth a total of 1.28 trillion VND (67 million USD).
Construction shares like PetroVietnam Construction (PVX) and Vinaconex (VCG) also posted gains on the northern bourse while banking shares like Asia Commercial Bank (ACB) and Sai Gon-Hanoi Commercial Bank (SHB) slumped.
Kim Long Securities Co (KLS) remained the most heavily-traded share on the market with over 9.8 million traded.
Foreign investors concluded the day as net buyers on the HCM City market, responsible for a net buy of just 457,000 shares worth a combined 35.3 billion VND (1.8 million USD). Meanwhile, they were net sellers on the Hanoi market with a net sale of 13.4 billion VND (701,570 USD)./.
Decliners outnumbered advancers on the day by 102-77.
Value fell below 2.6 trillion VND (136 million USD) on a volume of 56.6 million shares, with General Forwarding (GMD) surprising the market as the most-active share of the day, with 3.4 million changing hands.
While many financial blue chips lost value on March 10, including Vietcombank (VCB), Sacombank (STB), Eximbank (EIB), Saigon Securities Inc (SSI), and PetroVietnam Finance (PVF), property shares like Sao Mai Construction (ASM), Binh Duong Mineral and Construction (KSB), Dat Xanh Real Estate Service and Construction (DXG) all rose to their ceiling prices.
On the Hanoi Stock Exchange, the HNX-Index also slid by 0.35 percent to end the session at 172.09 points. However, volume increased to over 38.2 million shares, worth a total of 1.28 trillion VND (67 million USD).
Construction shares like PetroVietnam Construction (PVX) and Vinaconex (VCG) also posted gains on the northern bourse while banking shares like Asia Commercial Bank (ACB) and Sai Gon-Hanoi Commercial Bank (SHB) slumped.
Kim Long Securities Co (KLS) remained the most heavily-traded share on the market with over 9.8 million traded.
Foreign investors concluded the day as net buyers on the HCM City market, responsible for a net buy of just 457,000 shares worth a combined 35.3 billion VND (1.8 million USD). Meanwhile, they were net sellers on the Hanoi market with a net sale of 13.4 billion VND (701,570 USD)./.
