Low demand for large shares dragged down the indices on both stock exchanges on October 9.
On the HCM City Stock Exchange, the VN-Index lost 0.31 percent to reach 500.67 points. Losers overwhelmed gainers by 111-88.
Trading value dropped about 15 percent over October 8's trading session to 953.57 billion VND (45.4 million USD) on a volume of 64.4 million shares.
The VN30-Index, tracking the city's top 30 shares in terms of capitalisation and liquidity, also shed 0.33 per cent to close at 556.72 points.
Five codes added value, including Vietnam Milk Company (VNM) up 1.5 per cent to 140,000 VND ($6.6) per share.
More than 1.09 million shares were exchanged; not enough to support the index because up to 19 codes lost value.
Especially, Vietinbank (CTG) shed 1.7 percent to reach 35,900 VND (1.7 USD) per share and Becamex IJC (IJC) tumbled nearly 4 percent to 7,900 VND (0.37 USD) per share.
On the Ha Noi Stock Exchange, the HNX-Index finished 0.11 percent lower from the previous day to reach 61.16 points. Trading value and volume totalled 209.55 billion VND (9.98 million USD) and more than 26.3 million shares, respectively.
The HNX30-Index, composing the capital city's leading shares, was 0.45 percent lower at 114.02 points.
PetroVietnam Construction (PVX) on October 9 increased to its ceiling price of 2,400 VND per share with 2.81 million shares traded, leading in liquidity on the capital city's bourse, however.
Foreign investors continued to finish the day as net buyers with a total value of 22.4 billion VND ($1.06 million USD).
According to FPT Securities, rising anxiety over the US budget deadlock continued to impact on investors' sentiment.
The company urged investors to be cautious about their buying decisions and to choose stocks with promising growth in the remaining months of the year.-VNA
On the HCM City Stock Exchange, the VN-Index lost 0.31 percent to reach 500.67 points. Losers overwhelmed gainers by 111-88.
Trading value dropped about 15 percent over October 8's trading session to 953.57 billion VND (45.4 million USD) on a volume of 64.4 million shares.
The VN30-Index, tracking the city's top 30 shares in terms of capitalisation and liquidity, also shed 0.33 per cent to close at 556.72 points.
Five codes added value, including Vietnam Milk Company (VNM) up 1.5 per cent to 140,000 VND ($6.6) per share.
More than 1.09 million shares were exchanged; not enough to support the index because up to 19 codes lost value.
Especially, Vietinbank (CTG) shed 1.7 percent to reach 35,900 VND (1.7 USD) per share and Becamex IJC (IJC) tumbled nearly 4 percent to 7,900 VND (0.37 USD) per share.
On the Ha Noi Stock Exchange, the HNX-Index finished 0.11 percent lower from the previous day to reach 61.16 points. Trading value and volume totalled 209.55 billion VND (9.98 million USD) and more than 26.3 million shares, respectively.
The HNX30-Index, composing the capital city's leading shares, was 0.45 percent lower at 114.02 points.
PetroVietnam Construction (PVX) on October 9 increased to its ceiling price of 2,400 VND per share with 2.81 million shares traded, leading in liquidity on the capital city's bourse, however.
Foreign investors continued to finish the day as net buyers with a total value of 22.4 billion VND ($1.06 million USD).
According to FPT Securities, rising anxiety over the US budget deadlock continued to impact on investors' sentiment.
The company urged investors to be cautious about their buying decisions and to choose stocks with promising growth in the remaining months of the year.-VNA
