Showing posts with label shares capitalisation. Show all posts
Showing posts with label shares capitalisation. Show all posts

Wednesday, December 29, 2010

Shares stall on economic worries

The VN-Index fluctuated throughout most of Sept. 30’s session before closing at 454.52 points, an increase of 0.35 percent.


The volume of trades on the HCM Exchange rose by nearly 15 percent
over Sept. 29 to nearly 38 million shares, with a value in excess of 1
trillion VND (51.3 million USD).


Decliners
outnumbered advancers by 139-68, although five of the 10 leading shares
by capitalisation managed gains, including Sacombank (STB), Eximbank
(EIB), developer Hoang Anh Gia Lai Co (HAG), software giant FPT and
insurer Bao Viet Holdings (BVH), with the latter reaching its ceiling
price for a third consecutive day.


Ocean Group (OGC)
was again the most-active share on the southern bourse with a volume of
over 1.8 million units, but OGC again lost value on the day, closing
off 1.86 percent to 31,600 VND (1.60 USD) per share.


Vimedimex Medi-Pharma Co (VMD) saw its first day of trading on the HCM
exchange, but VMD shares dropped to their floor price of 32,000 VND
(1.65 USD) per share.


On the Ha Noi Stock Exchange,
the HNX-Index closed essentially unchanged at 127.29 points. The value
of trades reached 630.6 billion VND (32.3 million USD) on a volume of
26.3 million shares, decreases of 25 percent in value and 21.6 percent
in volume.


Losers outnumbered gainers, meanwhile, by
an overwhelming 200-78. Among the 10 leading shares by capitalisation,
only Asia Commercial Bank (ACB) rose in value.


Kim
Long Securities (KLS) was the most heavily-traded share, with 2.27
million changing hands, but KLS ended the session down nearly 2 percent
to just 15,000 VND (0.75 USD) per share.


The US dollar on Sept. 30 began to recover slightly on the black market, reaching over 19,700 VND per dollar.


Foreign investors were net buyers on both national stock exchanges on
the same day, picking up a combined 136.6 billion VND (7 million USD)
worth of shares./.

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