National stocks posted gains for most of trading hours on June 27 but finally declined again. Trading value did not improve.
On the HCM Stock Exchange, the VN-Index shed nearly 0.3 percent, standing at 418.04 points.
Some 43.9 million shares changed hands, worth a total value of 739.9billion VND (35.2 million USD), slightly decreasing over June 27'sfigure.
Only one third of the 30 leading shares in termsof capitalisation and liquidity concluded the session up, as more bluechips began to fall in afternoon trading.
The VN30, therefore, lost 0.2 percent to 492.77 points.
Although telecom device provider Sacom (SAM) saw only 1.87 millionshares change hands, it was the most heavily traded stock on thesouthern bourse.
On the Hanoi Stock Exchange, the HNX-Index dropped steeper by 0.6 percent, reaching 70.70 points.
Trading was sluggish, declining 27 percent compared to the previoussession. Market value and volume reached just 325.16 billion VND (15.4million USD) and 34.8 million shares. PetroVietnam Construction Co (PVX)was the most active stock nationwide with around 4 million sharesexchanged.
However, positive assessments from foreign investors about the Vietnamese market potential were continuously published.
ASEAN Investment Management and PXP Vietnam Asset Management predictedthe VN-Index will jump by 25-35 per cent in the last 6 months of thisyear. While emerging stock markets were struggling to maintain theirrally, the Vietnamese market climbed 20 percent to become the mostpowerful market in Asia thanks to improved economic data and thestability of the dong.
ASEAN Investment Management CEODavid Roes told CNBC that Vietnam 's stock market will continue toachieve the strongest growth among ASEAN countries in the next threeyears. Meanwhile, according to emerging market fund manager Mark Mobius,as the Vietnamese market had low liquidity, any investment could make ahuge difference to the market.
Foreign investors weresellers in HCM City by a margin of 11 billion VND (523,800 USD), butthey concluded on June 27 as buyers in Hanoi , picking a net of 500million VND (23,800 USD).-VNA
On the HCM Stock Exchange, the VN-Index shed nearly 0.3 percent, standing at 418.04 points.
Some 43.9 million shares changed hands, worth a total value of 739.9billion VND (35.2 million USD), slightly decreasing over June 27'sfigure.
Only one third of the 30 leading shares in termsof capitalisation and liquidity concluded the session up, as more bluechips began to fall in afternoon trading.
The VN30, therefore, lost 0.2 percent to 492.77 points.
Although telecom device provider Sacom (SAM) saw only 1.87 millionshares change hands, it was the most heavily traded stock on thesouthern bourse.
On the Hanoi Stock Exchange, the HNX-Index dropped steeper by 0.6 percent, reaching 70.70 points.
Trading was sluggish, declining 27 percent compared to the previoussession. Market value and volume reached just 325.16 billion VND (15.4million USD) and 34.8 million shares. PetroVietnam Construction Co (PVX)was the most active stock nationwide with around 4 million sharesexchanged.
However, positive assessments from foreign investors about the Vietnamese market potential were continuously published.
ASEAN Investment Management and PXP Vietnam Asset Management predictedthe VN-Index will jump by 25-35 per cent in the last 6 months of thisyear. While emerging stock markets were struggling to maintain theirrally, the Vietnamese market climbed 20 percent to become the mostpowerful market in Asia thanks to improved economic data and thestability of the dong.
ASEAN Investment Management CEODavid Roes told CNBC that Vietnam 's stock market will continue toachieve the strongest growth among ASEAN countries in the next threeyears. Meanwhile, according to emerging market fund manager Mark Mobius,as the Vietnamese market had low liquidity, any investment could make ahuge difference to the market.
Foreign investors weresellers in HCM City by a margin of 11 billion VND (523,800 USD), butthey concluded on June 27 as buyers in Hanoi , picking a net of 500million VND (23,800 USD).-VNA
