Friday, September 07, 2007

Idicies increase

HCM bourse :

This morning saw the second consecutive rise of the market. Price indicators moved up, fueled by the advancing impetus gained in the session earlier.

There were reportedly around 50 rising stocks, 35 falling stocks and 30 stills, which prompted the Vn-Index to rise to 934.13 points, up a slight 5.77 points or 0.62% against the session earlier. The total matched volume remained high. HCM bourse saw 6.72 million shares changing hands, worth a combined VND 535.6 billion.

Price rises remained modest and stretched out with 50 rising stocks. The sharpest riser of the market gained an additional VND 6,000 o­nly. Such stocks of low maket prices as LBM, VID, SGC, VTB, TRI, TRC,NSC, PJT,etc. kept moving up, many of which were reported to beat their ceiling prices. BMC, LGC, PVD, VNM advanced while many others saw fall, noticably BMC, TCT, SGH, IMP. The decreases, however, were restricted to VND 4,000 o­nly. BMC and TCT, the two stocks of heavy fluctuations, fell today. The former lost VND 2,000 while the latter lost VND 4,000. The newly-listed stock, ACL, regained VND 1,500 after its sharp fall yesterday.

In terms of trade volume, STB remained the most-traded stock with as many as 916,000 shares changing hands. In the mean time, such stocks as VF1, PPC, PVD remained heavily traded. With roughly 180,000 shares changing hands, SHC earned a post in the top active list by volume.


Hanoi bourse :

In Hanoi bourse, increasing band was extended for the majority of rising stocks. Noticeably, the total trade volume and value remained consistently high for the last 4 trading sessions. In today’s session, the market saw a total of 1.67 million shares changing hands, worth a consolidated VND 177.2 billion. There wre 54 rising stocks, 18 falling stocks and 17 stills.

In the upward trend, S99 led the top advancers list with an increase of VND 15,700 to close at VND 177,300. Other stocks as ILC, SSI, SD5 and SDC saw sharp rises which ranged from VND 4,200 to VND 9,100.

In the reverse trend, except for MCO which fell by VND 3,600, other losers saw modest falls, 13 of which saw decreases not exceeding VND 1,000.

In terms of trade volume, SSI earned a stunning VND 8,800 and led the top active list by volume with roughly 570,000 shares matched, far lagging NTP, TBC, ACB and SD9 behind. When the price index saw significant improvement, foreign investors reduced their trading power. They bought in a total of 67,300 units and sold out 17,000 units, which together accounted for roughly 5% of the market’s total trade volume.