Trading boards lit in red as indexes continue to dip

Securities trading boards were lit in red yesterday as prices of many stocks decreased, resulting in the continued slides of both indexes.

In Ho Chi Minh City, after losing 9.87 points (1%) on July 25, the VN-Index today suffered a sharp loss of 1.69%, dropping 16.43 points to close at 956.13.

Total volume and value also decreased sharply to low records, only 3.7 million shares traded in the call-matching method for over VND 362 billion. Up to 94 stocks decreased while only 7 others were up and 10 stayed still.

Top five losers were blue-chips DHG, BMC, TCT, NKD and SJS. DHG of Hau Giang Pharmaceuticals lost 4.9% (VND 20,000) to VND 388,000 a share while BMC dropped to the floor price of VND 342,000 a piece, losing VND 18,000 a share. TCT, NKD and SJS lost VND 13,000, VND 10,000 and VND 8,000 a piece respectively.

TTP shares of Tan Tien Plastic Packaging Joint Stock Company top the list of seven gainers today, increasing VND 2,000 (1.94%) to VND 105,000 a share. TTP also ranked fifth in traded volume with 172,340 shares traded. Yesterday, the share also rose 4.04% to VND 103,000 a piece. TTP’s good business results released recently explained for the large traded volume and price hike of this code.

FPT shares today continue to lose VND 5,000 to close at VND 250,000 a share. However, the stock topped in terms of trading volume with 393,930 shared traded, followed by STB of Sacombank with 332,060 shares traded at VND 58,000, down VND 1,000 compared to the previous trading session.

In Hanoi, the HaSTC-Index continued to drop 1.43%, down 3.78 points to 259.46.
Prices of 57 of the total 87 listed stocks lost, only 13 stocks gained, 13 saw no transactions and 4 remained stationery. Investors traded 834,500 shares worth over VND 83.6 billion.

Foreign investors sharply reduced their securities purchase in the northern bourse in this session. They bought 77,700 shares worth VND 10.6 billion and sold 35,000 others worth VND 4.8 billion. Yesterday, they bought 271,000 shares of 22 symbols worth nearly VND 20 billion and sold 40,000 shares of 7 codes worth nearly VND 8 billion.

Source: Nhan Dan