Vietnam Daily News

HNX Index sets up new bottom of below 59pts

Written by Dailynews.vn Thursday, 15 December 2011 21:16

The VN Index of Hochiminh Stock Exchange (STC) today December 15 fell for the eighth session, lowing 0.8 percent to 364.48 pts. By the middle of the trading session, the index even slipped to the lowest of nearly 360 points and then gain points again. The trading volume reached over 40 million units worth 688 billion dong, down 20 percent from the previous trading session. Of which, put-through method accounted for 171 billion dong. VIC reached put-through trading volume of over one million units at two price levels of 90,000 dong and 99,000 dong per share. The total trading value reached 91 billion dong. Closing the trading session, VIC gained points for the third consecutive session to 99,000 dong per share. Similarly, SJS and KBC also reached the ceiling price. On December 28, Vincom will offer 158.2 million shares to swap for 205.5 million shares of Vinpearl, equalling to the swap ratio of 1:0.77. The closing price of VPL today was 78,000 dong per share. Some other key stocks hit the floor price such as MSN, BVH, KDC and ITC. STB still led the market in terms of trading volume with over 3.4 million units being transferred. STB ended at the reference price of 14,800 dong per share, STB also reached negotiation trading volume of over 1.3 million units at the floor price of 14,100 dong each. Additionally, SSI, VSH, DPM, REE, ITA, IJC, and OGC reached trading volume of over one million units. Only OGC ended up whereas the remainders lost over 1 percent. On the northern bourse, the HNX Index today set up a net bottom, losing for the fifth consecutive session to 58.9 points. There were nearly 210 losers while only 37 gainers. The trading value increased over 10 percent from the previous trading session to reach 311 billion dong. All key stocks reached high trading volume such as KLS, VND, PVX, SHB, HBB and VCG but all decreased over 3 percent. SCR reached put-through method transaction of 3.5 million units worth 24.5 billion dong. HBB also reached put-through method transactions of over 1.8 million units for nearly nine billion dong.

Source: www.intellasia.net/news/articles/stock_market/111350942.shtml