Shares ended Friday morning on a negative note. — Photo VNA

Shares ended Friday morning on a negative note as investor sentiment remained cautious, coupled with the capital outflow, resulting in liquidity being exhausted.

The benchmark VN Index on HCM Stock Exchange slipped down by 0.40 per cent to close at 982.01 points. It had lost 0.31 per cent on Thursday.

Meanwhile, the HNX Index on Hanoi Stock Exchange slid by 0.11 per cent to end at 116.94 points, extending from its loss of 0.88 per cent on Thursday.

Some 83.2 million shares, worth VND2.3 trillion (US$103 million), were traded on the two local exchanges.

The market breadth was negative, with 234 declining stocks against 162 gaining stocks.

The VN30 Index, tracking the southern city’s 30 largest shares by capitalisation and liquidity, decreased by 0.71 per cent to 953.76 points. There were nine gainers and 16 decliners in the basket.

Prominent sufferers included budget carrier Vietjet, Phu Nhuan Jewellery Company, Vietnam National Petroleum Group, Masan Group and bankers VPBank and HDBank.

Retail and energy sectors were the most affected on the local stock market on Friday morning. The two sector’s indices were down by 6.5 per cent and 3.3 per cent, respectively.

On the positive side, two largest stocks by market capitalisation---Vingroup and its real-estate arm Vinhomes, performed well, supporting the market and going up by 0.9 per cent and 3.8 per cent, respectively.

The afternoon trading session starts at 1pm. — VNS