Friday 20 June 2008

June 20, VN Index ends a week with another 1.94% fall

Friday, June 20, 2008
The Ho Chi Minh City Stock Exchange (HOSE) today closed a week by seeing another decline on the stock market when the VN Index lost 7.25 points or 1.94% to 366.02 pts. After one trading week with two increases and three declines, the VN Index lost total 6.66 points or 1.79%.

The trading volume of shares and fund certificates reached over seven million units worth nearly 230 billion dong, increasing 33.55% in volume and 33.72% in value in comparison with the previous session.

There were over 80% of shares decreasing in the session today. Among 156 share codes and fund certificates being listed on the southern bourse, the stock market saw 13 shares increasing, nine stood still, 131 decreasing and three with no transactions.

Notably, seven share codes reached the ceiling price such as AGF up 700 dong to 25,700 dong per share, KDC leaped 2,000 dong to 78,500 dong, VIC and ITA added 2,000 dong to 80,000 dong and 76,000 dong per share together with others like LBM, SCD, SDN, SSC, TMC, UNI, VID, DXP and CYC.

Three shares with no trades were DMC, BTC and VKP.

SSI reached the biggest trading volume with 2,931,430 shares, accounting for 42% of the total share codes being traded and followed by DPM with 688,760 shares, VIC 272,120, PVD 256,270, STB 251,780, REE 234,510, SBT 154,880 and VNM with 154,500 shares being transferred.

Influenced from the southern bourse, the Hanoi Securities Trading Center (HaSTC) today June 20 also tumbled on the stock market as the HaSTC Index slipped to 110.4 points after losing 2.20 pts or 1.95% with the total market trade of increasing considerably to 1,804,800 shares worth nearly 35 billion dong.

Amongst 139 listed shares on the northern bourse, the stock market witnessed seven shares increasing while 109 others decreasing, one remained unchanged and 22 with no trades.

Seven gainers were L62 up 1,200, NGC +600, SJC +400, S64 and SD6 +300, SJM and VNR +200.

One remained unchanged namely BLF.

MIC showed the strongest decline as losing 2,500 dong per share, ACB slipped 1,700, RCL and SD2 dropped 1,400 and BVS, NVC and VC2 added 1,200 dong per share.

PVS took the first place in trading volume with 479,700 shares, followed by BLF with 153,100 and PVI with 120,600 shares being traded.