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Posts Tagged ‘retreats’

VN-Index retreats due to profit-taking

In Uncategorized on December 16, 2010 at 10:09 am

Vietnam’s benchmark VN-Index, a measure of 270 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange, snapped its three-day winning streak on December 7 under profit-taking pressure.

The gauge slumped 1.03 percent, or 4.8 points, to close at 460.76 points.

Of the index members, 46 advanced, 195 declined, while 34 were unchanged.

Trading volume on the city bourse slightly dropped over the previous day. Around 85.02 million shares changed hands at a value of VND1.98 trillion, a decrease of 12 percent in volume and 17 percent in value.

Saigon Securities Inc. (SSI) continued to win the position of most active share in volume with 6.08 million shares changing hands.

Investment and Trading of Real Estate Joint Stock Company (ITC) followed with 4.94 million shares.

LICOGI 16 Joint Stock Company (LCG) came next with 3.09 million shares traded.

Dam Sen Water Park Corporation (DSN) curbed its five-day rising streak, slashing 9.64 percent to VND25,300.

Other losers in the southern trading floor included An Phu Irradiation Joint – Stock Company (APC), Ba Ria Thermal Power Joint Stock Company (BTP), and Petro Capital & Infrastructure Investment Joint Stock Company (PTL).

TMT Automobile Joint Stock Company (TMT) went up for the third day, gaining 5 percent to trade at VND16,800.

Rangdong Light Source and Vacuum Flask Joint Stock Company (RAL) extended gains for four straight days, edging up 4.98 percent to VND23,200.

Viet Thang Aquafeed Joint Stock Company (VTF) surged 4.91 percent to VND17,100.

The smaller bourse in the north also finished in read as the Hanoi’s HNX-Index tumbled 2.46 percent, or 2.88 points, to 114.19 points. Around 80.8 million traded at VND1.6 trillion.

The UPCom-Index dipped 1.09 points to 40.68 points this morning. A total of 420,000 shares changed hands at a value of VND4.4 billion as of 11:15 am local time.

Source: SGGP

VN-Index retreats for second day

In Uncategorized on July 1, 2010 at 2:36 pm

Stocks on Ho Chi Minh Stock Exchange stayed in the red for the second day on July 1, as slumping US stock markets placed psychological pressure on investors.

VN-Index, a gauge of 243 companies and four mutual funds, dropped 0.62 percent, or 3.12 points, to close at 504.02.

Of the index, 66 stocks gained, 141 declined, while 40 remained unchanged. Trading volume fell by 15 percent over the previous session to 47.2 million shares, worth VND1.12 trillion.

Saigon Telecommunication & Technologies Corporation (SGT), which gave up 4.9 percent to VND23,300, led the losers on the city bourse.

From July 5 to August 5, Tran Thi Hoai Thu, wife of Huynh Ngoc Huy – deputy general director of Saigon Telecommunication & Technologies Corporation (SGT), registered to buy 981,000 shares, increasing her holdings to 1 million shares.

Stationary producer and trader Thien Long Group Corporation (TLG) lost 4.86 percent to VND35,200.

The Hanoi-based Phuc Tien Trade Manufacture Joint Stock Company (PHT) dipped 4.85 percent.

Thuan Thao Corporation (GTT) was the most active share in volume with 3.5 million shares changing hands, adding the daily maximum allowed limit of 5 percent.

Viet – Han Corporation (VHG) followed with 2.23 million shares. The company’s shares traded down 2.87 percent.

Vien Dong Investment Development Trading Corporation (VID) came in third with 1.63 million shares being traded.

On June 22, Mai Lan Joint Stock Company sold 200,000 shares of Vien Dong Investment Development Trading Corporation (VID) to balance its investment category, sending its holdings to 39,910 shares, accounting for 0.19 percent of VID’s chartered capital.

DESCON Construction Corporation (DCC) also advanced 5 percent to VND27,300. Godaco Seafood Joint Stock Company (AGD) and Sao Mai Construction Corporation (ASM) added up 4.9 percent to VND38,500 and VND53,500 respectively.

From May 2 to June 22, Le Van Ba, brother of Le Thi Phuong – chief accountant of Sao Mai Construction Corporation (ASM), bought 1,000 shares for personal investment.

The HNX-Index lost 0.83 points, or 0.52 percent, to 157.98. Around 30.3 million shares changed hands at VND900 billion.

Source: SGGP