National stocks reversed a two-day rally to sink into the red during onDec. 20's session, following Vietnam Electricity's announcement thatelectricity rates will rise.
VietCapital Securitiesanalysts were convinced the adjusted rate will make next month'sinflation rise by 0.12 percent, lower than this month's rate for Hanoireleased on Dec. 20, which climbed 0.61 percent against November.
The annual inflation rate in the capital jumped nearly 18 percentcompared to last year and doubled the rate of last year compared to2009.
On the HCM Stock Exchange, the VN-Index dropped 0.5percent to 365.67 points and less than one-fifth of listed stocks gainedvalue.
Selling pressure made the value and volume oftrades rise by around 22 percent over Dec. 19's level, totalling 746.8billion VND (35.2 million USD) and nearly 46.5 million shares.
Most blue chips lost ground, while only food processor Masan (MSN),Sacombank (STB), property developer Vincom (VIC) and Vinamilk (VNM)edged up between 0.5-1.1 percent.
With more than 1.4million share changing hands, STB was also the most active code in thesouthern bourse, while the HNX-Index on the Hanoi Stock Exchangeretreated 1.4 percent, closing the day's trades at 59.33 points.
Losers overwhelmed gainers by 186-72, but trading value inched up 5.5percent to 242.8 billion VND (11.5 million USD) on a volume of 28.5million shares.
VNDirect Securities Co (VND) again became the most heavily traded stock with 3 million shares exchanged.
Foreign investors concluded the day as buyers, however, with the netvalue in HCM City plunging 98 percent over previous session. Theypicked a combined margin of 13.5 billion VND (636,800 USD) on bothbourses./.
VietCapital Securitiesanalysts were convinced the adjusted rate will make next month'sinflation rise by 0.12 percent, lower than this month's rate for Hanoireleased on Dec. 20, which climbed 0.61 percent against November.
The annual inflation rate in the capital jumped nearly 18 percentcompared to last year and doubled the rate of last year compared to2009.
On the HCM Stock Exchange, the VN-Index dropped 0.5percent to 365.67 points and less than one-fifth of listed stocks gainedvalue.
Selling pressure made the value and volume oftrades rise by around 22 percent over Dec. 19's level, totalling 746.8billion VND (35.2 million USD) and nearly 46.5 million shares.
Most blue chips lost ground, while only food processor Masan (MSN),Sacombank (STB), property developer Vincom (VIC) and Vinamilk (VNM)edged up between 0.5-1.1 percent.
With more than 1.4million share changing hands, STB was also the most active code in thesouthern bourse, while the HNX-Index on the Hanoi Stock Exchangeretreated 1.4 percent, closing the day's trades at 59.33 points.
Losers overwhelmed gainers by 186-72, but trading value inched up 5.5percent to 242.8 billion VND (11.5 million USD) on a volume of 28.5million shares.
VNDirect Securities Co (VND) again became the most heavily traded stock with 3 million shares exchanged.
Foreign investors concluded the day as buyers, however, with the netvalue in HCM City plunging 98 percent over previous session. Theypicked a combined margin of 13.5 billion VND (636,800 USD) on bothbourses./.
