VN Index sees longest fall chain in four months

05-Oct-2011 Intellasia | DVT | 8:35 PM Print This Post

The VN Index of Hochiminh Stock Exchange (STC) today October 5 lost nearly one point to 417.21 pts. By early the trading session, the index exceeded 420 points and then dropping to the lowest of 415.85 points. This is the sixth consecutive fall of the index, the longest fall chain since May 26.

The trading volume reached nearly 38 million units worth nearly 596 billion dong, up over 20 percent from the previous trading session. In the last session, the trading value marked 5-week lowest.

Of the large market capitalisation shares, MSN, BVH and VIC lost around 2 percent, HPG, ITC, STB and EIB slipped to the reference price. Some gainers were KDC, KBC, ITA and SSI.

Particularly, VPL reached the ceiling price to 89,000 dong per share with 16,000 units being traded. Vingroup yesterday announced that VPL will be merged into Vincom and after the merger, VPL-coded share of Vinpearl will be changed to VIC of Vincom. Currently, the price of VIC is 92,500 dong per share.

Amongst seven share codes with trading volume of over one million units, ITA and OGC gained points, STB stood still at the reference price and IJC, PXL, TDC and PVT hit the floor or nearly floor price.

IJC and PXL reached bigger trading volume than yesterday. IJC was traded with over five million shares. IJC hit the floor for four consecutive sessions.

PXL reached trading volume of over 1.1 million units while in last three session, the trading volume was below 200,000 units. PXL hit the floor for the fifth consecutive session to 5.800 dong each.

PTC gained for 12 straight sessions, including 7 session of reaching the ceiling price from 11,500 dong (on September 19) to 17,800 dong each (October 5), up 55 percent.

The HNX Index today dropped 0.12 points to 70 points. The market saw 33 million shares being changed hands for over 340 billion dong, rising slightly 5 percent day on day.

Some key stocks gained points or kept the reference price such as KLS, VCG, VND, PVX, PGS and THV.

SHN fell for fifth consecutive session with the highest trading volume in recent five sessions of nearly two million units. SHN closed at the average price of 9.800 dong each.

THV ended the chain of six consecutive falls, to increase to 5,900 dong each. In the upcoming time, THV will pay 5 percent dividend in cash and issue more shares at the ratio of 2:1 to the existing shareholders to scale up its chartered capital to one trillion dong.

 

Category: Stocks

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