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Stocks wrap week with happy ending

In Uncategorized on December 17, 2010 at 7:56 am

Vietnam’s benchmark VN-Index rebounded on December 17 to end week in green, thanked to high demand and good news.

The Ministry of Industry and Trade announced that it would not raise gasoline prices until the end of Tet holidays.


The shares of 272 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange revived 1.06 percent, or 5.08 points, to close at 485.29 points.


On the benchmark, 215 stocks leaped forward, 32 dropped, while 30 treaded water.


Trading volume slightly fell over the previous trading session. Around 74.15 million shares changed hands at a value of VND1.8 trillion.


Tan Tao Investment Industry Corporation (ITA) topped the list of most active shares in volume for the second day with 4.82 million shares changing hands.


Quoc Cuong Gia Lai Joint Stock Company tagged along with 4.12 million shares traded, followed by Saigon Securities Inc. (SSI), the country’s largest brokearge, with 3.85 million shares.


Winners on the city bourse included sweets producer Bibica Corporation (BBC), Investment and Trading of Real Estate Joint Stock Company (ITC), Song Da Urban & Industrial Zone Investment and Development Joint Stock Company (SJS), and Tai Nguyen Corporation (TNT). They all climbed up the daily maximum allowed limit of 5 percent.


Construction company Lilama 10 Joint Stock Company (L10) pared its three-day losing streak, growing 4.98 percent to VND23,200.


Techno – Agricultural Supplying Joint Stock Company (TSC) restored 4.97 percent to VND19,000.


Vincom Joint Stock Company (VIC) collapsed for second day, erasing 4.9 percent to VND97,000.


Materials – Petrolium Joint Stock Company (COM) descended 4.88 percent to VND35,100.


Transforwarding Warehousing Joint Stock Corporation (TMS) went down 4.83 percent to VND27,600.


Meanwhile, the Hanoi’s HNX-Index jumped 3.7 percent, or 4.27 points, to close at 119.7 points. Around 57.4 million shares changed hands at VND1.11 trillion.


The UPCom-Index also inched up by 0.43 points to 41.46 points this morning. A total of 234,275 shares changed hands at a value of VND3.35 billion.

Source: SGGP

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