Blue chips lost ground in the afternoon's session of April 27, pulling the VN-Index down 0.6 percent to close at 562.40 points.
Onthe Hochiminh Stock Exchange, the biggest stocks, including Masan Group(MSN), Vinamilk (VNM), VnGroup (VIC), Vietcombank (VCB), Bank forInvestment and Development of Vietnam (BID), Hoa Phat Group (HPG) andPhu My Fertiliser (DPM), declined by 0.9-4.4 percent.
The VN30 which tracks the top 30 shares by market value and liquidity slumped 0.49 percent to end at 593.15 points.
Thecontinued drop of the Ocean Group (OGC) also fuelled investor worries.Shares dived 5 percent after many investors placed sell orders onmillions of OGC shares at its floor price. However, only 675,700 shareschanged hands by the end of the session.
Overall market conditions were negative as the decliners outnumbered the advancers by 115-98, while another 93 closed flat.
Liquidityalso drained with both market volume and value falling 20 percentagainst the April 24 levels, totalling nearly 62 million shares worth1.117 trillion VND (51.7 million USD).
FLC Group (FLC) was the most active stock with trades of more than 3.1 million shares, ending flat at 10,400 VND a share.
By contrast, the HNX-Index on the Hanoi Stock Exchange made a slightrecovery, lifting the Index up 0.2 percent to finish at 82.75 points.
However, the losers outnumbered the gainers by 104-94 - and 168 stocks were unchanged.
Liquidity also decreased as the market volume was down 10 percent fromthe previous session to reach 40.5 million shares. Value of tradesdropped 20 percent from April 24, totalling 457.35 billion VND (21.2million USD).
Only seven stocks had trades of more than onemillion shares here, of which KLF Joint Venture Global Investment Co(KLF) was the most active with 5.4 million shares, ending flat at 8,900VND a share.
Foreign investors concluded the day asnet sellers on both exchanges, unloading combined shares worth 199.34billion VND (9.2 million USD).
According to manyanalysts, investors became more sluggish and traded with growingprudence ahead of the week-long holiday.-VNA
Onthe Hochiminh Stock Exchange, the biggest stocks, including Masan Group(MSN), Vinamilk (VNM), VnGroup (VIC), Vietcombank (VCB), Bank forInvestment and Development of Vietnam (BID), Hoa Phat Group (HPG) andPhu My Fertiliser (DPM), declined by 0.9-4.4 percent.
The VN30 which tracks the top 30 shares by market value and liquidity slumped 0.49 percent to end at 593.15 points.
Thecontinued drop of the Ocean Group (OGC) also fuelled investor worries.Shares dived 5 percent after many investors placed sell orders onmillions of OGC shares at its floor price. However, only 675,700 shareschanged hands by the end of the session.
Overall market conditions were negative as the decliners outnumbered the advancers by 115-98, while another 93 closed flat.
Liquidityalso drained with both market volume and value falling 20 percentagainst the April 24 levels, totalling nearly 62 million shares worth1.117 trillion VND (51.7 million USD).
FLC Group (FLC) was the most active stock with trades of more than 3.1 million shares, ending flat at 10,400 VND a share.
By contrast, the HNX-Index on the Hanoi Stock Exchange made a slightrecovery, lifting the Index up 0.2 percent to finish at 82.75 points.
However, the losers outnumbered the gainers by 104-94 - and 168 stocks were unchanged.
Liquidity also decreased as the market volume was down 10 percent fromthe previous session to reach 40.5 million shares. Value of tradesdropped 20 percent from April 24, totalling 457.35 billion VND (21.2million USD).
Only seven stocks had trades of more than onemillion shares here, of which KLF Joint Venture Global Investment Co(KLF) was the most active with 5.4 million shares, ending flat at 8,900VND a share.
Foreign investors concluded the day asnet sellers on both exchanges, unloading combined shares worth 199.34billion VND (9.2 million USD).
According to manyanalysts, investors became more sluggish and traded with growingprudence ahead of the week-long holiday.-VNA
