Shares on Vietnamese stock market faced a correction phase after experiencing a hot growth to a six- month high last week.

Recently, both domestic and foreign investors have increasingly poured money into the market, boosting market liquidity.

Last week, all five sessions on the country's national southern Ho Chi Minh City Stock Exchange (HoSE) witnessed total trade of over 1 trillion Vietnamese dong (47.9 million U.S. dollars). Averagely, almost 98 million shares were traded per session during the week

This week, despite seeing a down trend, the market still recorded four out of five sessions with over 1 trillion Vietnamese dong in liquidity, averaging 1.15 trillion Vietnamese dong (55.2 million U.S. dollars).

According to analysts, the strong rise last week was driven by new regulations. However, this positive signal would lure investors back to the market, and it also came with potential risks.

The market is showing signs that do not support the sustainable recovery of the VN-Index--the index on the HoSE, said analysts. They maintained cautious about market sentiment, advising investors to limit buys. However, they added that the market will not decline sharply.

The VN-Index on the HoSE went down 2.6 points, or 0.57 percent to close at 454.16 points on Friday.

During the week, VN-Index lost 8.53 point or 0.01 percent against last Friday's close. The index experienced two ups and three downs, posting the highest level of 465.25 points on Wednesday and the lowest level of 454.16 points on Friday.

Last week VN-Index ranged from 434.19 points to 462.69 points.

A total of 84.204 million shares worth 1.009 trillion VND (48. 41 million U.S. dollars) changed hands at the HoSE on Friday, a decrease of 14.3 percent in volume and 21.5 percent in value against Thursday.

VN-30 index, the new benchmark index for the HoSE which has been applied since Feb. 6, 2012 and tracks the 30 leading shares by both market capitalization and liquidity, closed at 534.97 points on Friday, down 2.78 points, or 0.52 percent against the previous trading day. A total of 30.352 million shares were traded, worth 509.9 billion VND (34.42 million U.S. dollars).

On the country's northern bourse, Hanoi Stock Exchange, the HNX- Index concluded at 62.05 points, down 0.28 points, or 0.45 percent on Friday against the previous trading day's closing session.

Although experienced the toughest year after 12 years of operation, in 2012, the VN-Index on HoSE posted a 17.7 percent increase over 2011 with the record high mobilized capital of 170 trillion Vietnamese dongs (8.15 billion U.S. dollars) (around 40 percent over 2011) and 40 percent increase in liquidity, according to the State Securities Commission of Vietnam (SSC).