Thursday, 04/09/2008 08:20

Stock indexes jump after national holiday

Both Ho Chi Minh City and Hanoi bourses saw increases after the National Day holiday.

The VN-Index at the Ho Chi Minh Stock Exchange (HoSE) closed on September 3 at 555.14 points, up 16.04 points against last week’s final session.

However, the big gap between demand and supply caused a sharp fall in the market’s trading volume with only more than 17.6 million shares and fund certificates, worth 863 billion VND in total, changing hands compared to 32.16 million at the previous session.

The southern bourse witnessed 142 stocks rally for gains, 11 remain unchanged and seven decline.

At the Hanoi Securities Trading Centre, most shares gaining helped the HaSTC-Index earn 1.87 points to finish up at 194.3 points.

The bourse also saw a sharp decrease in trading volume with more than 6.67 million shares, valued at over 367 billion VND, being traded.

There were 138 gainers, eight losers, and one seeing no transactions.

VNA

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