Securities trading volumes up as VN-Index sees tenth consecutive increase

23:03' 08/04/2008 (GMT+7)
VietNamNet Bridge - On the second day the new trading margins in validity, the market indicators of southern and northern bourses had opposite development. The VN-Index gained while the HASTC-Index dropped. Trading volumes on both bourses both sharply increased.
The Ho Chi Minh City Stock Exchange saw 98 gainers against 43 decliners while 12 others stayed unchanged.
The VN-Index gained for the tenth consecutive session, up 6.23 points to close at 548,56. Total market trading volume increased impressively with 26.8 million shares worth VND 1.37 billion. Of these, 25.6 million units were traded through matching method for VND 1.24 billion.
Top gainers included DHG, IMP, KDC, TAC and PVD. DHG increased by VND 3,000 a share while the other four saw a gain of VND 2,000 a share each.
SSI topped the list of most traded stocks with over 3.7 million shares changing hands, followed by STB (3.6 million units), DPM (over 2.4 million units), PPC (673,000 units) and HPG (670,000 units).
The HASTC-Index of the Hanoi bourse dropped 0.39% or 0.78 points to close at 197.55. the bourse also saw a stunning increase in trading volume with over 13 million shares changing hands for VND 576 billion. There were reportedly 93 increasing, 25 declining and 14 staying still stocks.

(Source: Nhan Dan)