Friday, August 31, 2007

Stock indexes record modest bumps

The last trading session of the week saw improvement made by the two price indices o­n the Northern and Southern bourses.


HCM bourse:

HCM was reported to see a stunning high trade against yesterday’s poor performance, which was partly attributed to the system’s technical breakdown. The market price indicator saw its second consecutive rise. Vn-index closed at 908.37 points, up a slight 4.43 points, or 0.49% against the session earlier. The bourse saw a consolidated 7.8 million shares changing hands, worth a combined VND 673 billion. As such, the market’s total trade volume rose by rougly 60%, far exceeding the average of August. There were reportedly around 67 advancers, 23 decliners and 23 stills.

Though the number of rising stocks outstripped that of decliners and stills combined, HCM’s price index did not witness a strong rebound, which was partly attributed to the price decreases sufferred by those stocks of big listings and high capitalization as KDC, BMP, VNM, PVD. The stocks’ falls ranged from VND 1,000 to VND 4,000. Others such as NKD, TAC, ITA,SJS, DHG, REE, SAM was entitled to slight increases ranging from VND 1,000 to VND 3,000.

In terms of trade volume, the top advancers list this morning saw the presences of PPC and SAM. The former saw roughly 700,000 shares changing hands, while the latter saw 260,000 shares successfully matched. As usual, STB led the market in terms of liquidity with as many as 926,000 units traded. Sharp volumes were also seen with the fund VF1 and VNM.


Hanoi bourse:

Closing the session this morning, HaSTC index enjoyed a slight rise of 1.27 points, or 0.51% to reach 252.55 points. The market saw a consolidated 857,600 shares matched with volume totalling VND 86.12 billion. There were 43 rising stocks, 22 falling o­nes and 24 stills.

Included in the top advancers list this morning were the triple of Song Da Constrcution Group with decreasing band being expanded. VMC led the top advancers list with an increase of VND 5,200 and 1,000 units successfullymatched.

In the reverse direction, S99 suffered slight loss, leading the top losers list with a VND 2,800 fall. Next in the list were VNR, MEC, NTP and VTS, falling from VND 1,000 to VND 2,200 each. NTP saw the stunning high rise in the last couple of sessions. The stock lost VND 1,500.

In terms of trade volume, no significant changes witnessed with the top active list by volume. Included in the list were stocks of high frequency as SSI, NTP, ACB, MPC. New comer was SD9, which rose by VND 2,800 and saw roughly 38,000 units changing hands. Foreign investors continued to reduce trade. Such group brought in a total of 77,700 shares while sold out 200 units of SSI and SJE.

Source: InfoTV

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