Thursday, 03/11/2011 17:33

Shares see mixed fortunes in HCM City

Shares on the HCM Stock Exchange were mixed, but the benchmark VN-Index finally rebounded by 0.16 per cent, concluding at 408.44 points.

 

 

 

 

 

Decliners outnumbered advancers by 115-98.

Market value reached 93.8 per cent of yesterday's level, totalling VND460.5 billion (US$21.9 million) while trading volume decreased by 12.4 per cent to 27.7 million shares.

Of the 10 leading shares by capitalisation, three stocks rallied between 0.8-1.5 per cent, including food processor Masan Group (MSN), real estate developer Vincom (VIC) and Vinamilk (VNM). Meanwhile, others retreated or closed unchanged.

Military Bank (MBB) was again the most active code in HCM City with around 1.2 million shares exchanged. However, it lost 0.8 per cent to close at VND13,100 per share.

On the Ha Noi Stock Exchange, the HNX-Index fell by over 1 per cent to reach 66.43 points despite positive opening minutes.

Scant trading volume of nearly 27.4 million shares pulled the value of trades down 24.8 per cent over yesterday's session to just VND288 billion ($13.7 million).

With 3.6 million shares changing hands, Kim Long Securities Company (KLS) became the most heavily traded stock nationwide.

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