Vietnam Daily News

Trading value on STC surges 60pct to reach over 850b dong

Written by Dailynews.vn Wednesday, 14 December 2011 23:16

Closing the trading session today December 14, the VN Index of Hochiminh Stock Exchange (STC) closed down for the seventh consecutive session, losing over 1 percent to 367.55 pts. The total number of losers tripled against the number of gainers. The trading volume surged sharply with over 58 million units worth 850 billion dong, up 60 percent from the previous trading session, the highest since November 15. Of which, nearly 420 billion dong was for put-through method, mainly in three share codes of STB, HAG and SSI. STB today led the market in terms of trading volume with over 2.2 million units being transferred and nearly 11 million units being traded under the put-through method. At the time of closing the trading session, STB ended at the reference price of 14,800 dong per share. The group of key stocks saw contrary movements. While VIC and KBC reached the ceiling price, MSN, ITC and DPM hit the floor price and BVH nearly hit the floor price. Notably, all trading volume of VIC was bought by foreign investors at the ceiling price. On the northern bourse, the HNX Index also lost another 1.6 percent to 59.64 pts with two third of listed shares losing points. The trading value reached over 282 billion dong, up nearly 40 percent from the previous trading session. The trading volume for key stocks increased strongly. At the closing time, KLS led the market with over 5.2 million units being traded and followed by VND with nearly three million units. At the time of closing the trading session, most key stocks such as KLS, VND, PVX, HBB and VCG lost over 1 percent.

Source: www.intellasia.net/news/articles/stock_market/111350799.shtml