Over 6.14 million shares, valued at more than 692.55 billion VND, changed hands in the morning session at the Ho Chi Minh City Securities Trading Centre, 29 shares increased, 48 dropped and 32 others remained unchanged.
However, the capital's HaSTC-Index fared a little better, gaining 4.23 points to end trading at 405.17 points.
A total of 1.21 million stocks, worth more than 176.6 billion VND, were traded, with 44 stocks registering a price decline, 32 went on the rise and a further 10 leveled off at the Ha Noi Securities Trading Centre.
Although over half of traded stocks in the centre experienced losses, the HaSTC-Index still rose thanks to a sharp gains by blue chippers, such as SDA and ACB.
Several months ago, when the stock market was described as overheated, even shares of listed companies who were seen to be performing poorly in their business operations were recording surging share gains.
However in recent sessions, traded stock turnover has remained comparatively small, as investors have become more bearish with their decisions. Market experts have pointed to the say the securities market adjusting itself, as the dividend payment period has finished and the State Securities Commission and the State Bank of Viet Nam has tightened controls over the issuance of shares.
Source: VNA
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