VN-Index, a measure of 174 companies and four
closed-end funds on the city’s bourse fell 6.2 points, or 2.5 percent,
to close at 241.46.


Two stocks fell for every that rose on the index. Trading volume accounted to around 9 million shares worth VND152 billion.


Domestic investors hesitated to buy shares that
plunged to attractive prices, fearing of foreign players’ sharp
selling, the Vietnam International Securities Corp. (VIS) told investment newsletter Dau Tu Chung Khoan.


Additionally, most of investors also think the market has not yet dropped to its bottom, the brokerage said. VIS anticipated the market will remain in downturn this week.


Foreigners were still net sellers today, notching up
VND16.2 billion from selling shares. Among shares they dumped heavily
were cable maker Viet – Han Corp. ([url="http://www.vietstock.com.vn/vstfinance/StockDetail.aspx?scode=VHG" style="color: rgb(68, 68, 204); text-decoration: underline;" target="_blank">VHG), Saigon Securities Inc. (SSI) and bakery firm Kinh Do Corp. (