Shares narrow downtrend thanks to small and mid cap stocks
Shares narrow downtrend thanks to small and mid cap stocks
Vietnamese stocks narrowed their decline on Tuesday morning as mid-caps and small-caps attracted cash flow, supporting the market. 
The benchmark VN-Index on the Ho Chi Minh Stock Exchange fell 0.15 per cent to close at 960.06 points.
The VN-Index closed down 0.49 per cent at 961.47 points on Monday.
More than 156 million shares were traded on the southern bourse, worth VND2.1 trillion (US$89.8 million).
Mid-cap and small-cap stocks Đức Long Gia Lai Group JSC (DLG), F.I.T Group Joint Stock Company (FIT), Cotec Invesment & Land-House Development JSC (CLG), Hoàng Quân Consulting-Trading-Service Real Estate Corporation (HQC), Phương Nam Cultural Joint Stock Corporation (PNC), A Cuong Mineral Group JSC (ACM) and Danameco Medical Joint Stock Corporation (DNM) attracted cash flow and gained strongly. DLG hit the ceiling price of VNĐ1,710 per share and matched to 16.2 million shares.
The large-cap VN30-Index dropped 0.38 per cent to 873.34 points, with 21 of the 30 largest stocks by market capitalisation and trading liquidity ending in negative territory.
By sectors, banking, securities, real estate and technology were among the worst-performing sectors.
On the Ha Noi Stock Exchange, the HNX-Index slid 0.11 per cent to end at 103.10 points.
The northern market index was up 0.27 per cent to end at 103.22 points on Monday.
Nearly 24.1 million shares were traded on the northern bourse, worth VND219 billion.
The afternoon trading session starts at 1pm.
