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VN-Index wraps week in light note

In Uncategorized on November 27, 2010 at 6:20 am

Vietnam’s benchmark VN-Index failed to maintain a strong rising momentum on November 26, added small change as investors dumped shares heavily to book profits.

The gauge of 270 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange inched up 0.02 percent, or 0.09 points, to close at 439.94 points.

Of the measure, 116 stocks advanced, 81 retreated, while 78 remained unchanged.

Trading volume on the city bourse climbed to the highest level in the past ten trading sessions. Around 45.4 million shares changed hands at a value of VND1.07 trillion.

Vietnam Electricity Construction Joint Stock Corporation (VNE) was the most active share in volume with 2.87 million shares traded.

Saigon Securities Inc. (SSI), the country’s largest brokerage, took the second rank with 1.11 million shares changing hands, followed by Nari Hamico Minerals Joint Stock Company (KSS) with 1.06 million shares.

Viet Nam Active Fund (VFMVFA) jumped the daily maximum allowed limit of 5 percent to VND8,400.

Nari Hamico Minerals Joint Stock Company (KSS) extended its winning streak to the fourth day, rallying 4.95 percent to VND23,300.

Hamico Group Mineral Joint Stock Company (KSH) moved forward for four consecutive trading sessions, rising 4.92 percent to VND34,100.

Petrovietnam Finance Joint Stock Corporation (PVF) curbed its three straight day winning streak, edging down 4.87 percent to VND21,500.

Newly listed Anvifish Joint Stock Company (AVF) and Beton 6 Corporation (BT6) both sliced another 4.86 percent to trade at VND23,500, and VND68,500.

Transforwarding Warehousing Joint Stock Corporation (TMS) contracted 4.81 percent to trade at VND25,700.

Meanwhile, the northern bourse finished week in low note as the Hanoi’s HNX-Index dipped 0.49 percent, or 0.5 points, to finish at 101.57 points. Trading volume slightly dropped over the previous trading session as around 40.44 million shares were traded at nearly VND727.23 billion.

The UPCoM-Index of the unlisted shares market slightly shrank 0.11 points to 40.54 points. A total of 191,800 shares changed hands at VND2.46 billion in the trading session this morning.

Source: SGGP

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