Wednesday 14 May 2008

May 14, tock market continues falling, trading volume reaches below 1m shares

Wednesday, May 14, 2008
Today stock market continued falling, marking the eighth consecutively decreasing session. The VN-Index slipped another 8.42 points or 1.73% to close at 475.5 pts with the total matching order trade of 915,550 shares and fund certificates worth 44.356 billion dong.

Like previous sessions, among 154 shares and fund certificates being listed on the southern bourse, the stock market witnessed many shares with no trades. In particular, there was one share increasing while one share stood still at the reference price and 152 others decreasing with 150 shares reaching the floor price.
The sole share increasing was PMS with 500 dong to 28,700 dong per share and the share code stood still namely VTB of Tan Binh Electronic Joint Stock Co.

As for trading volume, DPM took the first place with 163,910 shares, SSI with 102,070, HPG with 88,220, VHG with 52,760, TRC with 40,710, PVD with 38,320 and STB with 30,620 shares. 24 share codes reached trading volume of ten shares and 31 other codes ranged between 20 and 100 shares.

Foreign investors bought 42 share codes and one fund certificate with the total volume of 583,080 shares, of which, DPM reached 140,710 shares, HPG with 85,180, DHA with 55,540 and VHG with 50,000 shares.

Many listed share codes were traded closely with face value like CYC at 10,800 dong, VPK at 11,700 dong, BBT 12,100 dong per share. Finishing the trading session today, there were 50 share codes reaching the trading price of below 20,000 dong per share.
Similarly, the Hanoi Securities Trading Center (HaSTC) today May 14 kept decreasing impetus on the stock market by falling another 3.01 points or 2.04% to end at 144.85 pts with the total market trade of 272,300 shares worth over 10 billion dong.

Amongst 136 listed shares on the northern bourse, the stock market recorded three shares increasing while 98 others decreasing, two shares stood still and 33 shares with no trade.

Three shares increasing were CAP up 200 dong, LUT jumped 700 dong and NVC added 500 dong per share.

Two shares remained unchanged including KBC and LTC.

MIC showed the biggest decliner by losing 3,200 dong per share, ACB lost 2,000 dong, VSP dropped 1,800 dong and SCJ slipped 1,700 dong.

There was no shares reaching the trading volume of over 100,000 shares. NVC reached the biggest trading volume with 51,500 shares and followed by POT with 25,800 shares and KBC with 16,500 shares.