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VN-Index mounts for second day

In Uncategorized on November 24, 2010 at 8:20 am

Movements of VN-Index on November 24. ( shares of 270 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange advanced the second day on November 24 with support from financial and banking stocks.

Vietnam’s benchmark VN-Index enhanced 0.85 percent, or 3.67 points, to finish at 434.48 points.

Trading volume slightly improved over the previous session. Around 30.9 million shares worth VND604.28 billion changed hands.

Among the index members, 110 increased, 86 retreated, while 79 were unchanged.

Vietnam Electricity Construction Joint Stock Corporation (VNE) was the most active share in volume with 1.72 million shares changing hands.

Saigon Thuong Tin Commercial Bank or Sacombank (STB) dropped to the second rank with 1.64 million shares.

Gemadept Corporation (GMD) followed with 984,160 shares traded.

Foreign Trade Development and Investment Corporation of Ho Chi Minh City (FDC) and Van Phat Hung Corporation (VPH) both jumped the daily maximum allowed limit of 5 percent to VND23,100 and VND21,000 respectively.

Investment Commerce Fisheries Corporation (ICF) and Seafood Joint Stock Company No4 (TS4) grew 4.94 percent to VND8,500 and VND17,000 respectively.

Thien Nam Trading Import Export Corporation (TNA) built up 4.92 percent to VND25,600.

Saigon Telecommunication & Technologies Corporation (SGT) eliminated 5 percent to trade at VND22,800.

Construction company Long Hau Corporation (LHG) subsided 4.94 percent to VND44,300.

Shipping company Gemadept Corporation (GMD) shrank 4.9 percent to VND27,200.

Meanwhile, the smaller bourse in the north made a contrast move. The Hanoi’s HNX-Index dipped 0.03 percent, or 0.03 points, to close at 99.02 points. Trading volume reached more than 30 million shares, an approximately VND513.59 billion.

The UPCoM-Index cut 0.3 points to 40.19 points. Around VND1.58 billion were spent on 146,375 shares on the trading floor of unlisted shares this morning.

Source: SGGP

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