| 17:32' 03/04/2008 (GMT+7) | ||
Accordingly, from April 7, the margin for stock trading on the Ho Chi Minh City Stock Exchange is temporarily adjusted from ±1% to ±2% while that on the Hanoi Securities Trading Centre will be increased to ±3% from the current ±2%.
SSC said it will gradually widen the trading bands in the coming time based on the stability of the market.
This is the second time the margins have been adjusted.
From March 27, SSC reduced the collars for stock trading on both bourses from 5% to 1% for the HOSE and 10% to 2% for HASTC in order to calm down investors, limit them from rushing to sell shares as the stock market had dropped sharply for consecutive sessions.
After a short time, the measure has had a positive impact on the market, thus, the SSC has decided to increase the trading bands in order to increase market liquidity.
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Thursday 3 April 2008
Restraints for stock trading on both bourses adjusted
