Shares tumbled again on Dec. 29 on both national stock exchanges after a brief rising session on Dec. 28, with the two indices losing value.

On the HCM Stock Exchange, the benchmark VN-Index closed off 0.04 percent at 350.51 points, as decliners narrowly outnumbered advancers by 132-102.

The market value decreased 34 percent to just 557.2 billion VND (26.5 million USD) while the volume of trades dropped 16 percent to 48.3 million shares.

Blue chips performed mixed results, with property developer Hoang Anh Gia Lai (HAG) continuing to spike, buoyed by the news that its chairman would buy 5 million shares of his own company. Eximbank (EIB), software producer FPT Corp (FPT) and food processor Masan Group (MSN) also rose 0.6-1.6 percent.

Meanwhile, many other large caps lost between 0.6-2.4 percent of value.

Of the 10 leading shares by capitalisation, only Sacombank (STB), the most active code with over 2 million shares changing hands, bottomed out while insurer Bao Viet Holdings (BVH) declined 2.1 percent.

On the Ha Noi Stock Exchange, the HNX-Index declined 0.93 percent to finish at 57.61 points, with the value of trades dropping slightly to 238.7 billion VND (11.4 million USD) on a volume of 27.5 million shares.
Losers outnumbered gainers by 134-94.

VNDirect Securities Co (VND) dropped to the floor for the third consecutive session at 6,500 VND, but remained the most heavily-traded stock nation-wide with 3.3 million shares exchanged.

Foreign investors became net buyers on both exchanges, picking up a combined 7.4 billion VND (352,000 USD) worth of shares./.