Exchange dragged the VN-Index down to a close of 451.39 points, a
decline of 2.65 percent.
The volume of trades
continued to be modest at 52.5 million shares, totalling 1.3 trillion
VND (66.7 million USD), while Saigon Securities Inc (SSI) reclaimed the
place as the most active share, responsible for 2.27 million trades.
Blue chips did lose ground on Sept. 10. Masan Group (MSN) was one of
the few to escape the fall, closing unchanged at 49,000 VND. But Bao
Viet Holdings (BVH) plunged to its floor price, closing off 5 percent to
47,500 VND per share.
Among 26 gainers on the day, most were penny stocks.
Foreign investors contributed to the market correction by meagre buys
in HCM City, picking up a net of just 600,000 shares, worth 26.6 billion
VND (1.36 million USD).
On the Hanoi Stock Exchange, the HNX-Index shed 3.74 percent to end the session at 131.15 points.
The value of trades once again exceeded that on the HCM City exchange,
reaching 1.37 trillion VND (70.2 million USD) on a volume of 57.8
million shares.
Foreign investors were net sellers Sept. 10 in Hanoi, offloading a net of 97,000, worth 2.69 billion VND.
The next session on September 13 on HCM Stock Exchange would see the
introduction of a lengthened period of continuous trading. This change
was expected to boost trades./.
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