HANOI, Jan. 19 (Xinhua) -- The HNX-Index, the benchmark of the Hanoi Stock Exchange, experienced ups and downs this week.
The index successfully protected the 120-point threshold this week, but the trading activity was unstable as investors showed low confidence.
According to local stock analysts, some investors increased selling for profits thanks to the recent strong rally of the bourse. Meanwhile, others kept cautious on trades due to lack of supportive information.
The index closed at 122.3 points on Friday, up 0.5 points or 0.41 percent against the previous trading session.
Comparing to last Friday's closure, the index increased 1.54 points, or 1.27 percent.
During the week, the index went three ups and two downs, reaching the highest level of 122.3 points on Friday and the lowest level of 120.42 points on Wednesday.
Comparing to the previous trading week, the benchmark ranged between 120.76 points and 122.84 points.
Over 72.477 million shares worth some 1.136 trillion Vietnamese dong (some 50.7 million U.S. dollars) were traded at the Hanoi Stock Exchange on Friday, a decrease of 9.6 percent in volume, but an increase of 6.4 percent in value against the previous trading session.
More than 357.195 million shares worth over 5.212 trillion Vietnamese dong (around 232.7 million U.S. dollars) were traded on the bourse this week.
Foreign investors' net selling prevailed this week. On Friday alone, they bought over 1 million shares, but sold nearly 1.5 million shares.
PVS, SHB, TNG and HMH shares were among the most bought, while VCG, VGC, HUT and MST shares were most sold by them this week.
The index will reach the 125-point level in the next trading week, predicted insiders.
