Wednesday, 01/12/2010 17:42

Indexes slips ahead profit-taking

Trading volume on the Ha Noi bourse was unusually higher than HCM City with more than 70.59 million shares worth VND1.28 trillion (US$64 million) changing hands on Dec. 01.

 

 

 

 

 

The volume on the HCM City exchange was 49 million and a total value of VND1 trillion.

Both indexes slipped despite the higher volume.

The VN-Index slid 0.36 per cent to 499.93 and the HN-index 1.59 per cent to 106.7.

The falling indexes and rising volume reflected the profit-taking that has followed six successive days of VN-Index rises and two of the HN-Index.

HCM City declines outnumbered gains 121-104 with 45 steady.

The number of declines in Ha Noi were three times higher than gains with 40 unchanged.

But only four shares - PetroVietnam Finance (PVF), Thu Duc Wasuco (TDW), Tan Tien Plastics (TTD) and Viet Thang Feed (VTF) - hit their floor prices.

About 30, including An Giang Seafood (AGF), Alphanam (ALP), Vien Dong Pharmaceutical (DVD) and Gemadept (GMD) and Vinafco (VFC), reached their ceiling price.

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