Showing posts with label increased percent. Show all posts
Showing posts with label increased percent. Show all posts

Saturday, January 8, 2011

Shares plunge on active trades

Shares plunge on active trades

The volume of trades on the nation's stock markets picked up on Oct. 4,
but benchmark indices closed down on both exchanges.


On the HCM Stock Exchange, the VN-Index slid 1.3 percent from Oct. 1's
close to end Oct. 4's session at 445.83 points. But volume increased by
nearly 39 percent over Oct. 1's level to 49.45 million shares, with a
value of almost 1.19 trillion VND (61 million USD).


Ocean Group (OGC), which operates in the fields of banking and real
estate development, continued to be the most-active share, with over two
million traded. OGC closed off 4.74 percent to 30,100 VND (1.54 USD).


Of the 10 leading shares by capitalisation, only
three – Bao Viet Holdings (BVH), Hoang Anh Gia Lai (HAG) and Hoa Phat
Group (HPG) – posted gains. Overall, decliners outnumbered advancers by
an overwhelming 219-18.


On the Hanoi Stock Exchange,
the HNX-Index plunged by 3.89 percent to close at 120.92. However,
market volume rose by 92 percent to over 44 million shares, while the
value of trades increased by 68 percent to 931.1 billion VND (47.8
million USD).


Shares declined in value across the
board, with losers outnumbering gainers by 279-19, with all of the 10
leading shares by capitalisation declining in value.


PetroVietnam Construction (PVX) continued to be the most-active share
nationwide, with 5.3 million exchanged, but PVX declined by nearly 4
percent on Oct. 4 to close at 22,000 VND (1.13 USD) per share.


The number of new shares issued in the third quarter was nearly on par
with those issued in the first half of this year, the State Securities
Commission has reported. The value of shares made through public offers
reached more than 34.6 trillion VND (1.77 billion USD).


Foreign investors continued as net buyers on both exchanges on Oct. 4,
picking up over 4.8 million shares, worth a combined 162 billion VND
(8.3 million USD)./.

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Friday, September 3, 2010

CPI increases by 0.23 percent in August

CPI increases by 0.23 percent in August

The consumer price index increased by 0.23 percent over the last month,
after increasing only 0.06 percent, the lowest rise for the past six
years, according to the General Statistics Office.


The August
increase led to the rise in the first eight months of the year by 5.08
percent over 2009 and an 8.61 percent increase year-on-year.


Ten
out of 11 commodities used to calculate the CPI increased by between 3
percent and 16 percent. Only post and telecom services decreased, by
nearly 0.4 percent.


Experts predicted that low increases would be difficult to be maintained, but the rise would be stable at 0.2-0.3 percent.


The
Government’s adjustment in the exchange rate between VND and USD and
the increase in price of petroleum in the country were reasons for the
rise of the August CPI.


However, experts warned that prices would
increase sharply late in the year due to an increase in demand during
the New Year festival. In addition, the increase in prices in world
markets, high bank interest rates, natural disasters and epidemics would
be challenges to the country’s targets of inflation control.


To
reach the goal of controlling CPI for the whole year at 7-8 percent, the
Government has asked ministries, sectors and localities to continue
measures to curb inflation and hold down price hikes, focusing on
examining prices, bank interest rates and foreign exchanges./.

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