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10-11-2010 03:17 PM #1
Senior Member- Ngày tham gia
- Jan 2010
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Shares rebound on sluggish volume
Viet Nam's stock market rebounded this morning on both of the nation's stock exchanges after two consecutive days of losses, while trading volume remained sluggish.
On the HCM City Stock Exchange, the VN-Index rose by 0.41 per cent over yesterday's value to close at 451.26.
Both market volume and value declined, with more than 25.4 million shares worth almost VND621 billion (US$29.6 million) exchanged - a 39.4 per cent decrease in volume and 44 per cent drop in value.
Decliners outnumbered advancers by 109-89.
Many blue chips rallied. Phu My Fertiliser (DPM) climbed 2.3 per cent, Ocean Group (OGC) increased 1.66 per cent, software giant FPT Corp (FPT) rose 1.36 per cent, and property developer Hoang Anh Gia Lai (HAG) rose 0.6 per cent.
Financial and securities shares tumbled. Vietinbank (CTG) fell 0.52 per cent, Sacombank (STB) declined 1.3 per cent, HCM City Securities (HCM) decreased 0.4 per cent, and Saigon Securities Inc (SSI) fell 0.82 per cent, with the latter becoming the most active stock after 1.25 million shares changed hands.
On the Ha Noi Stock Exchange, the HNX-Index increased by 0.33 per cent to close today's session at 107.18. However, the bourse's market volume fell 13 per cent to 22.6 million shares worth more than VND363.9 billion ($17.3 million).
Gainers narrowly outnumbered losers by 132-121.
PetroVietnam Construction (PVX) continued to be the most heavily-traded shares nationwide, with 1.85 million shares changing hands. PVX closed unchanged with an average share priced at VND20,900 ($0.99).
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