Informal stock market trades lighten

28-May-2009 Intellasia | Sai Gon Tiep Thi | 6:30 PM Print This Post

Sacombank Securities Co (SBS) announced that the informal stock market index at SBS last week reduced from 108.26 of the previous week down to 102.95 with less brisk transactions.

Short sales and purchases continued being tightened up by brokerages through limiting the trading volume or requiring a deposit of 20 percent of total trading value.

Many southern investors shifted to invest in shares of Military Bank instead of Eximbank with an expectation to earn a high profit.

Bank share prices still are in the upward trend, typically that of EAB increased to 18,700 dong per share, Eximbank at 18,500 dong, MB at 21,500, Vietcombank at 45,300 dong per share whereas that of consumer goods and seafood producers almost are decreasing.


Category: Stocks

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