May 05, Stock market sees slight decline in first trading session in May

Monday, May 5, 2008
After a long holiday, the domestic stock market dropped on the first trading session in May today with the market indicators as well as trading volumes and values on both bourses dropping and a majority of listed stocks suffering losses.

Ending the third order matching phase today, the VN-Index today lost 1.08 points (0.2%) to close at 521.88 though it managed to gain slightly in the first two matching phases with only over 4.8 million matched for more than VND 227 billion, plus 1.4 million other units traded through negotiations worth VND over 90 billion.

Up to 98 stocks listed saw falls while only 43 gained, eight others maintained their reference prices and five had no trading at all.

The five top gainers included three pharmaceutical companies, DHG, DMC and IMP. The other two were KDC and VNM. DHG increased by VND 3,000 a share while the other four stocks were up by VND 2,000 a unit each.

Other large-cap stocks that gained included PVD, HPG, ITA, PPC and VPL while STB, SSI, FPT, VIC and DPM were losers.

STB lost 600 dong to 32,900 dong, SSI slipped 900 to 48,100 dong, FPT dropped 1,500 dong to 79,500 dong, DPM lost 1,000 to 52,500 and VIC down 1,500 to 92,000 dong per share.

STB took the pole place in trading volume with 661,830 shares and followed by DPM with 536,630, PPC with 244,730, HPG with 227,270, VNM with 208,760 and VSH, VTO, FPT and SSI.

Foreign investors bought 68 share codes with the total volume of over 1.1 million shares. Of which, DPM reached the biggest trading volume with 174,550 shares, PPC with 147,410, VNM with 146,960, VSH with 104,850 and others with below 100,000 shares.

Conversely, the Hanoi Securities Trading Center (HaSTC) today May5 kept decreasing impetus on the stock market as the HaSTC Index lost another 2.06 points or 1.22% to end at 167.05 pts with the total market trade of 1,878,600 shares worth over 76 billion dong.

Amongst 135 listed shares on the northern bourse, the stock market saw 17 shares increasing while 102 others decreasing, two shares stood still and 14 shares with no trade.

Two shares remained unchanged including DBC and DTC.
14 shares with no trade were B82, BTH, C92, CID, HSC, HUT, KMF, L62, NGC, NPS, S12, TJC, TPH and YSC.

17 shares increasing included BHV up 800 dong or 2.79%, CTB +500, DAC, LTC, MEC and VFR +300, HJS and HNM +400, KBC, PSC, STC and VNR +100, LBE +200, LUT and NVC +700, MIC +2.800 and VSP jumped 1,400 dong per share.

Meanwhile, S99 showed the biggest decrease when losing 2,400 dong and followed by ACB lost 2,300 dong, BVS dropped 2,100, NBC slipped 1,700, VDL plunged 1,600, RCL, SCJ and SD2 slashed 1,500 dong and SD7 and SDA tumbled 1,400 dong per share.

ACB reached the biggest trading volume with 232,500 shares and followed by PVS with 161,500 shares, NVC with 123,500, PVI with 123,000, DBC with 118,700, HNM with 114,600 and others with below 100,000 shares.