Shares continued to retreat on the nation's two stock exchanges in both volume and value on Jan. 25. On the HCM City Stock Exchange, the VN-Index declined 1.55 per cent to close at 501.97.
Volume of the day's trades reached almost 39.7 million shares worth a total of VND1 trillion (US$51.3 million).
Decliners outnumbered advancers by 174-64.
Blue chips tumbled. Among the 10 largest capitalised stocks, only property developer Vincom (VIC) rose with a 3.4 per cent gain while Bao Viet Holdings (BVH) and Phu My Fertiliser (DPM) dropped to their floor prices.
Masan Group (MSN) also decreased 4 per cent; PetroVietnam Finance (PVF), 3.8 per cent and Hoang Anh Gia Lai Company (HAG), 1.9 per cent.
Most gainers were penny and mid-cap stocks such as Tan Binh Import – Export Corporation (TIX), Sao Vang Rubber Companympany (SRC) and Godaco Seafood Company (AGD), who all rose to their ceiling prices.
Sacombank (STB) was the most active stock with almost 3 million shares changing hands, but it closed 0.6 per cent down.
On the Ha Noi Stock Exchange, the HNX-Index fell 0.87 per cent to close at 105.3.
Market volume reached over 24.1 million shares worth almost VND423.8 billion ($21.7 million).
Losers outnumbered gainers by 221-59.
Among the 10 leading capitalised shares, only Tien Phong Plastic (NTP) posted a gain with a 1 per cent rise.
Asia Commercial Bank (ACB), PetroVietnam Construction (PVX) and Kim Long Securities (KLS) all fell over 2 per cent, of which the latter was the most heavily-traded stock on the Ha Noi bourse with over 2 million shares traded.