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VN Index slips for fifth consecutive session, to below 420 points

04-Oct-2011 Intellasia | DVT | 8:44 PM

The VN Index of Hochiminh Stock Exchange (STC) fell for fifth consecutive trading session, losing nearly four points to 418.18 points.

The trading volume continued to fall to 28 million shares worth 486 billion dong, equalling to the trading value in the previous trading session.

Many key stocks kept the downward trend such as ITA, KDC, KBC, MSN, VIC, HAG, VCB, and CTG whereas some regained points like HPG, BVH, STB, EIB, and ITC.

IJC hit the ceiling for three trading sessions and PXL also decreased to the floor price for the fourth straight day after gaining 75 percent and 50 percent respectively in September.

Meanwhile, PTC reached trading volume of over 1.4 million units, six-fold increase from precious trading session. PTC gained points in 11 straight sessions with reaching the ceiling price for seven sessions from 11,500 dong (September 19) to 17,000 dong each (on October 4), up 48 percent.

Regarding negotiation transactions, MSN reached 500,000 units being handed over at the price of 117,000 dong each. The total trading value reached over 58 billion dong.

The HNX Index gained o.1 points be the end of the trading session to 70.46 points, ending the chain of three consecutive falls.

The trading volume and value decreased over 10 percent from the previous trading session with 33 million shares valued at 323 billion dong.

Some gainers included KLS, VND, PVX, BVS, and SHB.

PVL hit the floor for the third consecutive trading session with the trading volume at the third position of over two million units. PVL ended at 6,000 dong per share.


Category: Stocks

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