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View Full Version : Stock market makes correction over profit-taking



boiman
09-04-2009, 09:48 AM
Stocks on the Ho Chi Minh Stock Exchange dipped into red on Wednesday as investors offloaded their shares to book profits from previous surging days.


VN-Index, Vietnam’s main stock index, closed at 313.76, showing a fall of 8.6, or 2.67 percent.


Turnover reached a fresh all-time high of 50.8 million shares worth VND1.22 trillion ($68.6 million) as 129 stocks retreated, 36 advanced and 16 were unchanged.


Foreign investors remained net sellers, notching up VND74 billion worth of shares. Sacombank ([url="http://www.vietstock.com.vn/vstfinance/StockDetail.aspx?scode=STB&q=STB" target=_blank>STB), PetroVietNam Transportation Corporation (PVT) and cable producer SACOM (