Wednesday, 27/08/2008 16:45

VN-Index exceeds 560 points, HASTC-Index closes above 180 points

The domestic stock market continued its rally today on positive economic information. Bids were reported to be huge while offers were small. The VN-Index of the Ho Chi Minh City exceeded 560 points while the HASTC-Index also closed above the 180 point mark.

On the southern bourse, the index closed up 2.45% or 13.42 points at 561.67, the highest during the past five months.

As many as 135 stocks out of the total 148 gainers today hit ceiling prices. Six other stocks dropped and another six stayed unchanged.

Investors rushed to place buying orders while others seemed to hesitate in placing selling orders. Trading volume, thus, reduced compared to yesterday's with some 17.75 million units traded via order matching for VND 821 billion. Another 2.45 million units were traded via negotiations for VND 97 billion.

The Hanoi bourse also had an impressive gain of 6.49% (against the maximum trading band of 7%) today, equivalent to 11.26 points to close at 184.67. 146 out of the 147 listed stocks on the bourse advanced, most of them to the maximum. Only one stock HSC had no trade.

As sellers became hesitated upon the huge demands, liquidity was reported to reduce compared to yesterday's figure with over 6.8 million units matched for VND 337 billion.

VNN

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