Stocks slide on low volume and value

24/04/2012 15:31:27 - views: 2,386

Stocks continued to decline on the HCM City Stock Exchange by the end of this morning session, with 133 codes losing value while only 88 increased and 64 were unmoved.

The benchmark VN-Index gave up 0.43 per cent to close at 463.16 points on a turnover of more than VND713 billion (US$34 million), equivalent to 70 per cent of yesterday's total value.

Blue chips tumbled as over half of the 30 leading shares by market value and liquidity fell, pushing the VN30 Index down 0.27 per cent to stand at 532.16.

Sacom Development Investment Corp (SAM) temporarily led the market by trading volume this morning with over 2.2 million shares changing hands. The shares closed up 3.5 per cent at VND8,800 each.

On the Ha Noi Stock Exchange, the HNX-Index also gained 0.45 per cent to conclude this morning at 77.46 points. Over 38 million shares were traded worth a total VND426 billion ($20.3 million).

Losers outnumbered gainers by 170-73.

There were three shares with trades in excess of 3 million shares, including Habubank (HBB), PetroVietnam Construction (PVX) and property developer Sacomreal (SCR). SCR hit the ceiling at VND15,500 ($0.74) while HBB and PVX closed unchanged.
 
VietNamNews

News

EVNHANOI is rated by Fitch Ratings at BB with a positive outlook

Cập nhật 29/09/2022

Hanoi Power Corporation has just been rated by Fitch Ratings (an international credit rating agency)...

Innovation

EVN restructures the dependent accounting units

Cập nhật 07/11/2018

The Prime Minister has just directed Electricity of Vietnam (EVN) to restructure, reorganize and...

Investment

Powering 220 kV transformer substation for BIM Wind Power Project

Cập nhật 17/08/2021

Power Engineering Consulting Joint Stock Company 1 (PECC1) informed that at 10:00 am on August 15,...

Business

HCM City completes power supply to COVID-19 treatment hospitals

Cập nhật 16/07/2021

Hoc Mon and Binh Chanh power companies of the Ho Chi Minh City Power Corporation (EVN HCMC) have completed...

Production

EVNHCMC: The time to handle new connections via medium voltage substations is only 3.19 days

Cập nhật 29/09/2022

According to Ho Chi Minh City Power Corporation (EVNHCMC), since the beginning of the year, the Corporation...