The VN-Index closed nearly unchanged on Dec. 22 at 481.53 points, against a background of volatile trading on the HCM Stock Exchange, with shares opening strongly only to recede by the end of the session.

The value of trades on the HCM exchange on Dec. 22 was modest, at 1.4 trillion VND(66.7 million USD) on a volume of 61.5 million shares. Sacombank (STB) was the most-active share, with 4.3 million exchanged.

Among the 10 leading shares by capitalisation, Phu My Fertilisers (DPM), VietinBank (CTG), software giant FPT Corp (FPT) and steel producer Hoa Phat (HPG) all closed down, while insurer Bao Viet Holdings (BVH) and Masan Group (MSN) posted gains.

Cuu Long Pharmaceuticals (DCL), Ocean Group (OGC) and HCM City Metal (HMC) plunged to their floor prices after the ex-dates for their dividend payments passed on Dec. 22.

Foreign investors continued as net buyers on the HCM City market, but reducing their buying volume from the previous day record of 9 million shares to just 4.3 million on Dec. 22.

On the Hanoi Stock Exchange, the HNX-Index fell for a third day, closing off 1.1 percent to 113.73 points despite increased buys by foreign investors, who picked up a net of 935,000 shares on this market, worth about 18.7 billion VND (890,476 USD).

Overall volume on the northern market was a modest 36.1 million shares worth a combined 685.4 billion VND (32.6 millionUSD). Kim Long Securities Co (KLS) saw the heaviest volume, with 3.7 million shares traded./.