May 19, Stock market opens new week with decline

Monday, May 19, 2008
Today the Ho Chi Minh City Stock Exchange (HOSE) opened a new week by seeing another fall, marking the 11th consecutively decreasing session. The VN-Index dropped another 4.37 points or 0.94% to close at 455.67 pts with the total matching order trade of over 3.5 million shares and fund certificates worth 147 billion dong. After 11 declines, the VN-Index lost 66.69 points in total.

Among 154 shares and fund certificates being listed on the southern bourse, the stock market witnessed 21 shares increasing, five others stood still and 128 shares decreasing.

Out of top ten shares with the largest market capitalisation, gainers were DPM by adding 100 dong to 46,000 dong per share, ITA reached the ceiling price with 1,000 dong to 73,500 dong and VPL leaped 2,000 dong to 118,000 dong per share.

Meanwhile, STB lost 500 dong to 27,400, PPC slipped 600 to 33,300, VNM dropped 2,000 to 120,000, PVD and VIC tumbled 1,500 to 82,000 and 81,500 dong per share, FPT and HPG plunged 1,000 to 57,000 and 67,500 dong per share.

In the group of gainers, DHG added 3,000 dong to 167,000, GMD jumped 1,000 to 54,500 and others like TRC, DPR, PMS, VHG, ANV and SBT.

NTL lost 40,000 dong or 50.96% to 38,500 dong per share due to ex-interest date.

DPM took the first place in trading volume with 779,980 shares, followed by HPG with 207,630, VFMVF1 with 154,220, SBT with 124,660 and VIP with 116,660 shares.

Foreign investors bought 70 share codes and two fund certificates with the total volume of over two million units. Of which, DPM reached the biggest trading volume with 494,600, PPC with 221,460, PVD with 185,510 and HPG with 151,560 shares being transferred.

Similar to previous sessions, the Hanoi Securities Trading Center (HaSTC) today May 19 still kept decreasing impetus on the stock market by falling another 2.00 points or 1.43% to end at 137.47 pts with the total market trade of 1,342,500 shares worth over 36 billion dong.

Amongst 136 listed shares on the northern bourse, the stock market saw 15 shares increasing while 93 others decreasing, six shares stood still and 22 shares with no trades.

15 shares increasing were CJC and LUT +700, VTL added 600 dong, YSC leaped 400 dong, CIC, S99, SJC and XMC+300, BCC, POT and PPG +200, BTS, PGS, PSC and TKU up 100 dong.

Six shares stood still including BBS, BTH, DHI, DST, KBC and SAP.
ACB showed the strongest decline when losing 1,800 dong and followed by VSP lost 1,700, BVS slipped 1,600, RCL and SCJ plunged 1,500, NBC, NTP and VDL tumbled 1,200, CDC and SD7 dropped 1,100 and PVS, SDA and VC2 slashed 1,000 dong. Others lost below 1,000 dong per share.

PVI reached the biggest trading volume with 328,800 shares, followed by TBC with 88,600, ACB with 64,500, PVS with 63,100 and POT with 62,300 shares.