Shares turned heads to decline this morning due to the lack of bottom-fishing activities which bolstered the market yesterday.— Photo doanhnhansaigon

HA NOI (Biz Hub) — Declining shares turned heads this morning due to the lack of bottom-fishing that bolstered yesterday's market.

On the HCM City Stock Exchange, the VN-Index edged down 0.64 per cent to 487.40 points, while the VN30, tracking the top 30 shares by market capitalisation and liquidity, decreased 0.54 per cent to 540.34 points.

On warnings by securities companies that market remains very volatile, investors stayed away.

Trading fell sharply as just 10.5 million shares worth nearly VND172 billion (US$8.2 million) were traded, around half of every morning session's value.

No stocks traded for 1 million shares. PetroVietnam Transportation (PVT) is temporarily leading the southern market with just 617,000 shares exchanged at VND6,700 each.

On the Ha Noi Stock Exchange, the HNX-Index gave up 0.32 per cent to close the morning's session at 61.59 points.

Only 6.3 million shares worth VND92.5 billion ($4.4 million) were traded.

Sai Gon-Ha Noi Bank (SHB) was the only shares seeing trades of over 1 million, becoming the most active code nationwide. The shares are being traded at VND6,500 a share. — VNS