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13-12-2010 03:55 PM #1
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Securities shares lead today's rally
Shares extended their gains to three successive days, with both stock indices advancing strongly when the stock markets opened on Dec. 13. But the number of unsold shares depressed market volume on both exchanges.
In HCM City, the VN-Index climbed 3.63 per cent to end at 490.22 points.
Trading volume declined 13 per cent over last Friday to almost 82 million shares but value of today's trades decreased 43.6 per cent to VND1.9 trillion (US$90.5 million).
Advances outnumbered declines 234-16.
As many as 132 codes hit their highest allowable trading band.
Bank and securities shares led the rise. Vietinbank (CTG), Eximbank (EIB), Sacombank (STB), Agribank Securities (AGR), HCM City Securities (HCM), Saigon Securities (SSI) and Sacombank Securities (SBS) met their ceiling without a seller.
Petrovietnam – Idico Long Son Industrial Park Investment (PXL) was the most active share with more than 4.46 million changing hands.
PXL rose 2.9 per cent to VND14,100 ($0.67)
In Ha Noi, the HNX-Index soared 4.61 per cent to close at 121.76.
But market volume declined 12 per cent to 53.1 million shares and were worth VND1.07 trillion ($51 million).
Gains were almost 13 times higher than losses.
Over 61 per cent of 316 shares to post gains climbed to their ceiling price.
Securities shares also soared to their highest prices, including APEC Securities (APS), Au Viet Securities (AVS), Bao Viet Securites (BVS), Vietinbank Securities (CTS), Kim Long Securities (KLS) and VNDirect Securities (VND).
PetroVietnam Construction (PVX) – 3.91 million shares exchanged – was the most heavily-traded stock nation-wide.
It also went to its ceiling price of VND23,800 ($0.78).
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