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Trading value on HOSE peaks six-month high

In Uncategorized on December 16, 2010 at 10:10 am

Vietnam’s benchmark VN-Index slightly surged on December 6, extending its winning streak to three straight days thanked to robust demand. Trading value on the city bourse reached a six-month high.

The gauge of of 270 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange edged up 0.26 percent, or 1.21 points, to close at 465.56 points.


Among the index members, 168 climbed, 55 dropped, while 52 remained flat.


Trading volume on the city bourse topped 96.78 million shares worth VND2.39 trillion, the highest level since May.


Saigon Securities Inc. (SSI), the country’s largest brokerage, led the list of most active shares in volume with 7.15 million shares changing hands.


It was followed by Refrigeration Electrical Engineering Corporation (REE) with 5.4 million shares traded.


Saigon Thuong Tin Commercial Bank or Sacombank (STB) came in third with 4.27 million shares changing hands.


Dong Nai Roofsheet and Construction Material Joint Stock Company (DCT), LICOGI 16 Joint Stock Company (LCG), Long Giang Investment and Urban Development Joint Stock Company (LGL), Viet Nhat Seafood Corporation (VNH), and MTGas Joint Stock Company (MTG) were the biggest winners on southern market. They all enhanced the daily maximum allowed limit of 5 percent.


Sonadezi Long Thanh (SZL) advanced the fifth consecutive day, accelerating 4.98 percent to VND23,200.


Thu Duc Housing Development Corporation (TDH) rallied 4.97 percent to trade at VND33,800.


Royal International Corporation (RIC) plunged 4.93 percent to VND13,500.


Vien Dong Pharmaceutical Joint Stock Company (DVD) retreated 4.9 percent to VND48,500.


Viet Nam Golf Tourism Joint Stock Company (VNG) slipped 4.76 percent to VND16,000.


Meanwhile, the Hanoi’s HNX-Index added up 0.35 percent, or 0.41 points, to close at 117.07 points. Trading volume rose to 87.76 million shares, the highest level since the establishment of this index. However, trading value which was worth VND1.76 trillion was much lower than the record high of VND2.93 trillion set on May 7.


The UPCom-Index increased by 0.34 points to 43.3 points this morning. A total of 261,500 shares changed hands at a value of VND2.79 billion.

Source: SGGP

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