Monday, September 10, 2007

Reverse moves on bourses

HCM bourse :

The session this morning saw reverse moves made by the Northern and Southern bourse. In HCM bourse, that o­ne half of the listed stocks moved in the upward trend failed to keep the VN-Index from sliding. In Hanoi bourse, 57 out of 89 listed stocks rose, but HaSTC index inched up slowly. The Southern bourse’s total volume saw slight decrease the third session in a row but still exceed 6 million shares.

Closing the session this morning, though the bourse was overwhelmed with 57 rising stocks, the price indicator suffered 7 points, or 0.75% to close at 927.14 points. The market saw roughly 6.25 million shares changing hands, worth a combined VND 474 billion.

Stocks of high market price and big listings headed back to close down after a week of heavy trade. Among the losers were BMC, TCT, BMP, VNM, DHG, SAM, FPT,PVD,etc. of which BMC was reported to be most severely hit by price falls. The stock lost VND 10,000 but still closed above VND 500,000. DHG, KDC, PVD lost VND 3,000. FPT, SAM, VNM suffered VND 2,000 each.

Stocks that were reported to stick to their reference prices were REE, GMD, STB.

In the reverse direction, the advancers list included stock of medium and low prices. Such stocks saw modest increase. RIC and UNI led the top up VND 4,000 each. The new comer, which made its bourse debut last week, ACL, saw increase of VND 3,000. Next in the list were BT6, SFI, LBM, LGC…

Included in the top active list by volume were STB, VF1, VID, ACL and RIC. STB led such list with volume amounting to roughly 900,000 units.


Hanoi bourse:

In Hanoi bourse, the advancing impetus gained in last week’s sessions kept HaSTC index to rise by a slight 0.18 points. The market saw roughly 1.6 million shares chaning hands, worth a combined VND 136 billion. Compared to the closing session last week, the total volume stayed nearly the same while value lost 23.16%, which meant that local investors were intensifying their buying of lower –priced stocks.

57 out of 89 listed stocks were reported o­n the rise. Included in the advancers list were S99, SD7, ILC, SD5 and RCLwith increasing band being expanded. S99 rose a sharp VND 17,000. Next in the list were S SD7, ILC, SD5 and RCL.

In the reverse direction, BVS saw continuous slide with a fall of VND 4,400. Included in the list were PLC, HLY, NTP and HTP. Other sliders’ falls were restricted to VND 1,000 each o­nly.

Included in the top active list by volume were SSI, NTP and ACB. SSI headed back o­n downward trend after a week of stunning rise. The stock’s volume reached 321,400 units. TBC saw sharp rise with roughly 160,000 shares matched. Foreign investors bought in a total of 106,900 units while sold out 153,800 units, which together accounted for nearly 16.19% of the market’s total trading volume. Stocks of their buying interest included PVI (47,100 shares); NTP (35,100 shares);HPS (10,900 shares) and SSI (7,900 shares).

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