Wednesday, May 30, 2007

VN-Index and HaSTC-Index down

The VN-Index at the Ho Chi Minh Securities Trading Centre dropped 15.89 points to close at 1077.88 points by the end of the May 30 trading session, down 1.5 percent from the previous days trading.

More than 5.1 million shares worth over 612.3 billion VND were traded on the country's largest bourse.

Seventy-three shares fell with t he HCM City-based confectioner Kinh Do Corp (KDC) and Song Da Infrastructure Developer (SJS) su ffering the sharpest declines.

For the gains, it was Binh Dinh Mining Company (BMC) that again led the charge up the ladder by tacking on 18,000 VND to its listed price. Hoa Binh Construction and Real Estate (HBC), Hang Xanh Motors Service (HAX) and the Financing and Promoting Technology Corporation (FPT) were also strong on the day.

The HaSTC-Index at the Ha Noi Securities Trading Centre slid 4.91 points from its last session to close at 335.84 points.

Blue chip securities firms Bao Viet Securities (BVS) and Sai Gon Securities (SSI) were among the 58 shares that recorded losses.

A total of 1.68 million shares, worth more than 187.2 billion VND, changed hands during the course of the session.

Despite fluctuations over the past two weeks, the VN-Index has surpassed 1070 points and is expected to continue its upward trend, securities experts said.

Source: VNA

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