Tuesday, 21/09/2010 15:06

Shares fall after 3-day rise

Viet Nam's stock indices fell today after a three-day rise. The falls followed rises in inflation and occurred despite positive results on world stock markets, particularly the Dow Jones which surpassed 10,700 overnight.

 

 

 

 

 

The domestic consumer-price-index (CPI) in September was reported to have increased 0.96 per cent in Ha Noi and 0.97 per cent in HCM City.

In HCM City, the VN-Index closed down almost 1 per cent to 453.32 but the bourse's trading value rose almost 16 per cent to VND1.7 trillion (US$87.2 million) with 57.4 million shares changing hands.

Losers outnumbered gainers 142-56 and 7 shares dropped to their floor price and 8 to their ceiling price.

Of the 10 leading shares, only Bao Viet Holdings (BVH) and the Masan Group (MSN) rose.

The other six declined and two were unchanged.

Ocean Group (OGC) continued to be the most active stock nationwide with 14.3 million shares traded. OGC increased 4.73 per cent to VND37,600 ($1.93).

In Ha Noi, the HNX-Index slid 1.31 per cent to 131.57. Trading volume dropped 23 per cent to almost 40.4 million shares worth slightly more than VND1 trillion ($51.3 million).

The number of declines were five times higher than that of advances.

Eight of the ten largest shares by capitalisation declined. Only Tien Phong Plastics (NTP) rose. Asia Commercial Bank (ACB) and Sai Gon-Ha Noi Bank (SHB) were unchanged.

PetroVietnam Construction (PVX) remained l the most heavily-traded stock - 5 million shares. It closed down 2 per cent to VND24,300 ($1.25).

vietnamnews

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