Monday, 12/09/2011 14:12

Share index rises on opening

On the HCM Stock Exchange, the VN-Index advanced by 0.65 per cent, closing the first session of the week at 462.93 points. Gainers outnumbered losers by 143-91.

 

 

 

 

 

The value of trades jumped 20.5 per cent over last Friday's level to VND862.8 billion (US$41.7 million) with the trading volume up 10.6 per cent to 52.2 million shares.

The increase of the Index was due in part to three large capitalised stocks which hit their ceiling prices: insurer Bao Viet Holdings (BVH), food processor Masan (MSN) and PetroVietnam Finance (PVF). Real estate developer Hoang Anh Gia Lai (HAG) added nearly 2 per cent to VND37,100.

Meanwhile, real estate developer Vincom (VIC) bottomed out and six other bluechips tumbled 0.6-2.7 per cent.

Property trader Hoang Quan Corp (HQC) claimed the highest trading volume of around 2.7 million shares. It also hit the daily limit of 5 per cent to close at VND15,000.

On the Ha Noi Stock Exchange, the HNX-Index edged up 2.3 per cent to conclude the morning's session at 78.53 points with nearly 70 per cent of all listed codes gaining.

The market value reached VND806.7 billion ($39 million), a 12.7 per cent increase, on a volume of 67.4 million shares.

With 7 million shares exchanged, Kim Long Securities Company (KLS) was the most active code nationwide.

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