The index on the HCMC bourse closed at 954.17 points, losing nearly eight points, or 0.82%, against the session earlier.
The HCMC exchange saw 107 gainers and 183 losers, with trade volume slightly rising over 1% against the day earlier at 138 million shares and value advancing 23% at VND3.9 trillion. Of the figures, there were 38 million shares worth VND1.6 trillion traded in block deals.
Large-cap stocks closed the day in the red while the VN30 basket saw only four stocks, including lender HDB, steelmaker HPG, retailer MWG and sugar maker SBT, gaining at the close. Three million HPG shares were traded and SBT added 2.99%, with more than 1.4 million shares changing hands.
The top 10 stocks by market capitalization ended the session down, with property developer VIC falling 0.85% at VND116,000 per share and housing developer VHM dropping 2.32%. Gas firm GAS dipped 2.4% at VND101,500 per share after three days of rising.
Among these stocks, only lender CTG had over one million shares changing hands today.
Construction firm ROS led the HCMC bourse by liquidity with 12 million shares transacted, closing the day down 1.79% at VND30,100.
According to Bao Viet Securities Company, the southern market is expected to face correction pressure tomorrow. The VN-Index might rebound after dropping to the supporting zone around 950 points. Trade volume will maintain a low level. Besides this, bank and oil and gas stocks are predicted to face correction pressure in several sessions.
On the Hanoi Stock Exchange, the HNX-Index edged down 0.4 points, or 0.38%, at 103.56. Trade volume rose 13.7% to 27.3 million shares and value advanced 15.7% to VND295 billion.
Facing the same fate as the southern bourse, the northern exchange saw most of the large-caps stocks losing at the close.
Lender ACB, gas firm PVS and industrial firm VCS ebbed 0.35% at VND28,500 per share, 2.64% and 1.27%, respectively. Insurer PVI bucked the downtrend, closing the session up 0.56% at VND36,000 per share while construction firm VCG, lender SHB, infrastructure developer DL1 and plastic firm NTP closed at their reference prices.
PVS, apparel firm TNG and agriculture firm HKB were the most actively traded stocks, with over one million shares traded each on the northern bourse.
Foreign investors net sold some VND29 billion worth of shares, chiefly VHM and HPG, on the southern bourse while real estate group DBC and HKB shares were net sold the most on the Hanoi exchange.