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View Full Version : VN-Index edges down slightly after profit-taking



boiman
15-05-2009, 03:01 PM
The Ho Chi Minh Stock Exchange continued to correct on Thursday, as investors remained in selling mood to take profits from several previous rises on the market.


VN-Index of 181 leading shares crept down for the second straight session, slipping 1.5 points, 0.4 percent, to close at 376.75.


Trading volume was 50.6 million shares worth VND1.5 trillion (US$84.3 million) as 80 shares rose, 27 were unchanged and 74 fell.


Analysts said investor confidence remained high as the National Assembly’s Financial and Budgetary Committee has agreed with the government’s proposal on granting personal tax exemption for capital investments and transfers, including that of securities.


Brokers said blue chips sold heavily today while bulk bucks poured into small caps in plastic and rubber sectors like [url="http://www.vietstock.com.vn/vstfinance/StockDetail.aspx?scode=DNP&q=DNP" target=_blank>DNP, HLA, DPC and