Monday, 25/07/2011 13:45

Shares up in HCM City, down in Ha Noi on sluggish trading

The benchmark VN-Index closed Monday's session with a tiny gain of 0.04 per cent to close at 409.36 points, despite decliners outnumbering advancers by 140-65.

 

 

 

 

 

 

On the HCM City Stock Exchange, the market value remained bleak, totalling just VND252.5 billion (US$12.3 million) on a volume of over 14.9 million shares.

The fourth largest listed bank by charter capital, Sacombank, was again the most active stock on the southern bourse but with just over 900,000 shares changing hands. STB lost 0.7 per cent to close at VND13,800 ($0.67).

Blue chip performances were distinct. Software producer FPT (FPT), financial conglomerate Masan Group (MSN), dairy producer Vinamilk (VNM), property developer Vincom (VIC) and steelmaker Hoa Phat Group (HPG) all posted gains of around 1 per cent.

Others declined, including Eximbank (EIB), real estate developer Hoang Anh Gia Lai (HAG), Phu My Fertilisers (DPM) and PetroVietnam Finance (PVF).

On the Ha Noi Stock Exchange, the HNX-Index slid another 0.92 per cent from Friday's close to 70.23 points.

Today's trading value was sluggish with just 16.4 million shares worth VND204 billion ($9.9 million) changing hands.

Losers outnumbered gainers by 170-60.

Kim Long Securities (KLS) was the most active stock nationwide with 1.38 million shares exchanged, closing down 0.9 per cent at VND10,500 ($0.52).

vietnamnews

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