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View Full Version : Profit-taking continues to sink market



phuocpham
03-04-2009, 12:11 AM
Investors continued to heavily sell shares on the Ho
Chi Minh City market on Tuesday to take profits, leaving the VN-Index
falling for the second straight day.


The benchmark index closed at 280.67 points, a slight
drop of 0.61 percent, 1.71 points. Of the index’s 181 members, 94 fell
against 63 which rose.


Trading volume remained fairly high, with more than 22 million shares worth VND499 billion ($28 million) changing hands.


Foreign investors remained in buying mood, spending a
net VND26.3 billion. Among their top picks were PetroVietnam Fertilizer
and Chemical Joint-Stock Co. ([url="http://www.vietstock.com.vn/vstfinance/StockDetail.aspx?scode=DPM&q=DPM" style="color: rgb(23, 50, 128); text-decoration: underline;" target="_blank">DPM), Pha Lai Thermal Power Joint-Stock Co. (PPC) and Saigon Securities Incorporated (