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VN-Index recovers to 430

In Uncategorized on November 24, 2010 at 4:54 am

Movements of VN-Index on November 23. (Photo: vietstock.vn)Vietnam’s benchmark VN-Index rebounded on November 23 thanked to support from blue-chip stocks. However, liquidity on the city bourse remained low.

The gauge of 270 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange strengthened 1.08 percent, or 4.62 points, to close at 430.81 points.


Of the index, 187 stocks advanced, 35dropped, while 53 treaded water.


Trading volume slightly fell over the previous trading session as around 25 million shares changed hands at a value of VND547 billion.


Saigon Thuong Tin Commercial Bank or Sacombank (STB) continued to win the position of most active share in volume with 1.68 million shares changing hands.


Vietnam Export Import Commercial Joint Stock Bank (EIB) followed with 1.25 million shares changed hands.


Saigon Securities Inc. (SSI), the country’s largest brokerage, came in third with 842,970 shares traded.


Sacom Development and Investment Corporation (SAM) jumped 5 percent to VND16,800.


Construction Joint Stock Company No 5 (SC5) reversed previous loss, adding up 4.95 percent to VND31,800.


Hamico Group Mineral Joint Stock Company (KSH) climbed the first time in eight straight trading sessions, increasing 4.93 percent to VND29,800.


South Logistics Joint Stock Company (STG) tumbled 5.51 percent to VND24,000.


Vien Dong Pharmaceutical Joint Stock Company (DVD) declined for four consecutive trading sessions, erasing 4.5 percent to trade at VND53,000.


Viet Nhat Seafood Corporation (VNH) extended its losing streak to the fourth day, retreating 4.44 percent to VND8,600.


Meanwhile, the northern bourse also performed well as the Hanoi’s HNX-Index rocketed 1.22 percent, or 1.19 points, to finish at 99.05 points. Trading volume fell by 10 percent over the previous session as around 24.9 million shares were traded at VND428.7 billion.


The UPCoM-Index of the unlisted shares market trimmed 0.1 points to 40.35 points. A total of 292,600 shares changed hands at VND3.2 billion as of 11:15 am local time.

Source: SGGP

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