April 28, Stock market recovers after six continuous decreases

Monday, April 28, 2008
The domestic stock market recovered on the first trading session of the week as the market indicator of the southern bourse ended its string of six consecutive decreases while the HASTC-Index of the northern bourse saw the second increase in a row. Many stocks listed on both bourses gained on today’s session. Trading volumes were also improved.

Ending the trading session today April 28, the 1775th trading session of the Vietnamese stock market, the Ho Chi Minh City Stock Exchange (HOSE) opened a new week by seeing a rally on the stock market as the VN Index regained 3.54 points or 0.68% to 519.42 pts with the total matching order trade of nearly nine million shares and fund certificates worth over 382.5 billion dong, closing six consecutively decreasing sessions on the stock market.

Among 154 shares and fund certificates being listed on the southern bourse, the stock market saw 90 shares increasing while 10 others stood still at the comparative prices, 53 shares decreasing and one share with no trade namely BTC of Binh Trieu Construction and Mechanic Joint Stock Co.

Total order matching trading volume was over 8.9 million shares and fund certificates worth VND 383 billion.

SSI lost 1,000 dong to 50,000 dong per share, FPT slipped 1,500 to 82,500, STB dropped 600 to 34,100 dong per share.

Meanwhile, some others reaching the ceiling price included VNM, VPL, PVD up 2,000 dong to 132,000 dong, 115,000 dong and 115,000 dong per share, DPM, HPG and ITA leaped 1,000 dong to 52,500 dong, 62,000 dong and 71,000 dong, VIC jumped 1,500 dong and PPC bounced 700 dong per share.

STB kept the pole place in trading volume with 1,789,050 shares, DPM followed with over one million shares, SSI with 589,730 shares, FPT with 458,890 shares, VHG with 361,920 shares and others like VFMVF1, DPR, VSH and PRUBF1.

Foreign investors bought 69 share codes with the total volume of over 3.2 million shares worth VND 176 billion while sold only over 500,000 units worth VND 27 billion. DPM reached the biggest trading volume with 780,480 shares, SSI with 356,650 shares, FPT with 227,110 and VSH with 173,280 shares.

Similarly, the Hanoi Securities Trading Center (HaSTC) today April 28 surged on the stock market as the HaSTC Index added 2.16 points or 1.28% to end at 171.11 pts with the total market trade of 3,659,500 shares worth over 135 billion dong.

Amongst 135 listed shares on the northern bourse, the stock market saw 71 shares increasing while 47 others decreasing, nine shares stood still and eight shares with no trades.
Nine shares stood still including BTH, CJC, DCS, HEV, SJE, TJC, TPH, TXM and XMC.

Eight others with no trade were C92, CTB, HSC, HUT, NPS, PSC, VE9 and VTL.

MIC was the biggest gainer as adding 2,700 dong and followed by ACB and SCJ up 2,000 dong per share, others increased below 2,000 dong per share.

SD2 was the strongest decliner when losing 1,600 dong and followed by SD7 slipped 1,500 dong, SDA sropped 1,300 dong, CDC slipped 1,200 dong and BVS and L62 lost 1,000 dong. Others fell below 1,000 dong per share.

KLS took the first position in trading volume with 620,600 shares, followed by ACB with 341,200 shares, PVS with 226,600, DBC with 194,500 shares, PVI with 183,600 and HPC with 102,500. Others reached the trading volume of below 100,000 shares.