The benchmark VN Index lost 2.66 points or 0.56% to 470.21. Volume rose 9.4% to 96.3 million shares worth of VND1.75 trillion. Put-through trading contributed 6.62 million shares worth VND379.7 billion.
The market breadth was a bit negative on the primary bourse where 122 stocks advanced, 129 tumbled, 59 closed unchanged.
We saw 1.8 million VIC shares changed hands at VND101,000 each, versus the market close price of VND100,000 each. Other big put-through deals included over 1 million GMD shares changed hands at the ceiling price of VND32,100 and 0.56 million DPM shares changed hands at the ceiling prices of VND36,000 each.
The VN30 Index was stronger than the broader market, closing flat at 538.1.
The market opened in the red with 4.8 million shares changed hands. Selling pressure was seen today but the buying interest was also firm, keeping the market heat and the index rose to the positive ground and stood most of the morning time there.
However, the selling pressure rose in the afternoon session and sent the index back to the negative ground. Hot stocks such as CSM, HSG, SAM, VNE, VIP still outperformed but the market breadth narrowed much.
Hot stocks such as CSM, HSG, SAM, SCR, VNE, VIP continued to outperform while blue chips eased. Rubber and mineral shares were solid gainers.
Property stocks declined, banking stocks were weak, while broker shares were mixed.
Active players were SAM with 4.8 million shares, limiting up; LCG with 4.6 million shares, closing up, PVF with 3.1 million shares, closing up.
On the Hanoi Stock Exchange, the HNX index snapped 3 day gain, giving up 0.81 point or 1.02% to 78.74. Trading volume fell 11.8% to 75 million shares worth VND776.7 billion.
HBB caught market attention again with 13.3 million shares changed hands, closing up at VND7,100 each after briefly hitting the ceiling during the morning session on the news of merger with SHB at 100-for -75 ratio.
Market leading shares like KLS, VND, PVX, and VCG were all losers.