phuocpham
03-04-2009, 12:07 AM
Vietnam’s major stock market in Ho Chi Minh City ended
Wednesday on a brighter note after falling due to profit-taking over
the previous two days.
Heavy buying appeared soon after the opening bell,
which helped the benchmark VN-Index close higher 3.15 percent, 8.85
points, at 289.52.
The market’s liquidity remained high, with 20.5
million shares worth VND439 billion ($24.7 million) being traded. Of
the index’s 181 stocks, 159 rose and a mere 15 fell.
Foreign investors cashed in on the market’s sharp gain
today, offloading VND25.2 billion worth of shares. Among most stocks
dumped were Sacombank ([url="http://www.vietstock.com.vn/vstfinance/StockDetail.aspx?scode=STB&q=STB" style="color: rgb(23, 50, 128); text-decoration: underline;" target="_blank">STB), Tan Tao Group (ITA) and Pha Lai Thermal Power (DIC Investment and Trading Joint-Stock Co. (
Wednesday on a brighter note after falling due to profit-taking over
the previous two days.
Heavy buying appeared soon after the opening bell,
which helped the benchmark VN-Index close higher 3.15 percent, 8.85
points, at 289.52.
The market’s liquidity remained high, with 20.5
million shares worth VND439 billion ($24.7 million) being traded. Of
the index’s 181 stocks, 159 rose and a mere 15 fell.
Foreign investors cashed in on the market’s sharp gain
today, offloading VND25.2 billion worth of shares. Among most stocks
dumped were Sacombank ([url="http://www.vietstock.com.vn/vstfinance/StockDetail.aspx?scode=STB&q=STB" style="color: rgb(23, 50, 128); text-decoration: underline;" target="_blank">STB), Tan Tao Group (ITA) and Pha Lai Thermal Power (DIC Investment and Trading Joint-Stock Co. (