May 23, Stock Market Continues Drop

Friday, May 23, 2008
The VN Index today closed the third decreasing week by seeing another 6.7-point fall or 1.54% to 428.05 pts with the total matching order trade of nearly five million shares and fund certificates worth 266.7 billion dong. After 15 declines, the VN Index lost 94.31 points in total.

Among 151 shares and three fund certificates being listed on the southern bourse, the stock market saw three shares increasing, three others stood still, five with no trades and 143 shares decreasing with most decliners reaching the floor price.

Three gainers were ICF up 200 dong, LGC added 800 dong and SGT jumped 700 dong per share.

Three others stood still at the comparative price namely CYC, marking the lowest trading price on the stock market at 10,200 dong per share, ITA and VPL.

Meanwhile, DPM lost 800 dong to 42,600 dong, STB slipped 500 dong to 25,400 dong, PPC dropped 600 dong to 30,900 dong and VNM down 2,000 dong to 112,000 dong per share.

VIC took the pole place in trading volume with 774,950 shares, SSI followed with 262,790, ANV with 241,850, HPG 202,170, DPM 159,700 and PVD with 119,810 and others like NKD, VHC and DPR.

Foreign investors bought 63 share codes and one fund certificate with the total volume of over two million shares. Of which, SSI reached the biggest trading volume with 481,590 shares, DPM with 355,670, ANV 241,740, HPG 201,500, NKD 115,100 and VHC with 104,190 shares being transferred.

The Hanoi Securities Trading Center (HaSTC) today May 23 kept decreasing impetus on the stock market by falling another 2.42 points or 1.86% to end at 127.93 pts with the total market trade of 700,400 shares worth over 17 billion dong.

Amongst 137 listed shares on the northern bourse, the stock market recorded three shares increasing while 101 others decreasing, four shares stood still and 29 shares with no trades.

Three shares increasing were L62 added 900 dong, YBC leaped 500 dong and DHI up 200 dong per share.

Four shares stood still namely CJC, KBC, LTC and S96.

MIC was the biggest loser when losing 2,700 dong and followed by ACB lost 1,600 dong, VSP down 1,500, BVS slipped 1,400, RCL and SCJ dropped 1,300 dong, NBC tumbled 1,100 and CDC, NTP and NVC plunged 1,000 dong per share.

TBC reached the biggest trading volume with 138,100 shares, others like QNC (48,700 shares), HNM (34,900 shares) and XMC with 28,400 shares being traded.