Wednesday, 26/11/2008 18:06

VN-Index drops to lowest in three years, HASTC-Index closes below 100 points

News of CPI drop in November had no positive impact on the domestic stock market. The indexes of both southern and northern bourses saw sharp decreases on the third trading session of the week.

VN-Index plunged to the lowest level since January 2006, closing at 311.74 points after losing 8.59 points or 2.68% while HASTC saw a 5.4% decrease or 5.68 points and officially closed below the 100 point mark, at 99.56 points.

Both trading volume and value on the Ho Chi Minh City Stock Exchange continued to drop today as over 9.8 million units matched for VND 251 billion in this session.

The southern bourse welcomed one more stock listed today, TRA of Traphaco Joint Stock Company. Ending its first session, only 630 TRA was traded at VND 63.500 a share, down VND 15.500 a share compared to the reference price of VND 79,000 a share.

Only 27 out of the total 171 stocks listed on the southern bourse managed gains.

Also, only 27 out of the total 161 listed stocks on the northern bourse were gainers. Trading volume and value on the bourse, however, increased compared to the previous session. Specifically, investors changed hands 7.65 million units worth VND 197 billion, up 40% in volume and 32% in value against Tuesday session.

Thu Thin

Nhan Dan

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