April 22, Stock market continues drop

Tuesday, April 22, 2008
The Ho Chi Minh City Stock Exchange (HOSE) today April 22 continued falling on the stock market when the VN Index slipped another 4.3 points or 0.8% to end at 530.62 pts with the total matching order trade of over four million shares and fund certificates worth over 194 billion dong, decreasing 46.44% in trading volume in comparison with the previous session.
Among 154 shares and fund certificates being listed on the southern bourse, the stock market recorded 37 shares increasing, 12 others remained unchanged and 105 shares decreasing.
VNM reached the ceiling price with 2,000 dong to 128,000 dong per share, PVD up 1,000 dong to 116,000 dong per share.
Meanwhile, DPM lost 500 to 51,500 dong per share, STB slipped 700 to 36,800, PPC down 800 to 39,200 dong, FPT lost 1,500 dong to 88,500 dong, SSI, ITA and HPG dropped 1,000 dong.
The recruit BMI after losing 20% in the previous session today continued losing 700 dong to 37,700 dong per share with 12,810 shares being traded.
There were 26 share codes hitting the ceiling price including VHG, VNM, TRC and FMC.
DPM took the first place in trading volume with 954,070 shares, followed by VHG with 263,360 shares and others with below 200,000 shares like DPR, VSH, STB and PVD.
Foreign investors bought 74 share codes with the total trading volume of nearly 1.3 million shares. Of which, DPM reached the biggest trading volume with 601,700 shares, PVD with 119,280 shares and DPR with 80,200 shares being transferred.
Similarly, the Hanoi Securities Trading Center (HaSTC) today April 22 kept falling on the stock market when the HaSTC Index slipped another 3.07 points or 1.73% to end at 174.26 pts with the total market trade of 2,469,400 shares worth nearly 103 billion dong.
Amongst 134 listed shares on the northern bourse, the stock market saw 21 shares increasing while 100 others decreasing, four shares stood still and nine shares with no trades.
Four shares stood still including KBC, LUT, PVE and SJC.
Nine shares with no trades were C92, CID, DST, HSC, HUT, MCO, NGC, NPS and VBH.
S99 showed the strongest decrease when losing 2,700 dong and followed by ACB and BVS down 2,500 dong and VSP slipped 2,300 dong per share.
MIC performed the biggest increase when adding 2,400 dong and followed by DTC up 1,500 dong and HLY leaped 1,200 dong per share.
ACB reached the biggest trading volume with 286,100 shares, followed by PVS with 230,600 shares, PVI with 189,200, DBC with 185,900, NTP with 133,500 and PAN with 101,600 shares being traded.