Monday, 07/05/2012 13:02

Shares soar on high volumes and values

Stock closed this morning's session higher at both national stock exchanges on high volumes and values.

   
 Source:VietstockFinance  

On the HCM City Stock Exchange, the VN-Index gained 1.18 per cent to stand at 481.92 points on a turnover of nearly VND1.27 trillion (US$60.4 million).

Advancers outnumbered decliners by 205-51, of which 117 codes hit the daily limit rise of 5 per cent.

Shares under the umbrella of PetroVietnam and securities companies were the biggest gainers this morning, with most of these shares soaring to their ceiling prices.

The VN30 Index, which tracks the performance of the 30 leading shares by market value and liquidity, closed 1 per cent higher at 547.98 points. Of these 30 shares, 12 rallied while 8 closed down and 10 were unmoved.

Without positive news, Sao Mai Construction Corp (ASM) surprised the market by becoming the most active stock on the southern bourse this morning with 4.5 million shares changing hands, but they slid 4 per cent to stand at VND23,700 ($1.13).

On the Ha Noi Stock Exchange, the HNX-Index also rose 1.87 per cent to close this morning at 82.79 points, with gainers being four times higher than losers.

Nearly 68 million shares worth a total of more than VND732 billion ($35 million) were exchanged.

After reaching a consensus on merging into Sai Gon-Ha Noi Bank (SHN), shares of Habubank (HBB) rose to the ceiling of VND6,600 this morning, becoming the most heavily-traded stock on a volume of over 6 million shares.

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