Stock market back to normal

Hanoi (VNA) - The stock exchange's trading session returned to normal on July 17. This followed a highly active session on Wednesday that led to a record trading volume of 34.11 million shares.

July 17, the VN-Index closed at 489.83, up 0.68 percent or 3.30 points.
Trading volume was just 13.98 million shares with a turnover of 505.27
billion VND (30.62 million USD), a fall of 59 percent from the record high
on Wednesday.

Blue chips remained at the centre of trading with many codes advancing
strongly. STB of Sacombank, SSI of Saigon Securities Inc, and DPM of Phu
My Fertilisers were all up 2.78, 2.89 and 2.54 percent, respectively.

The Corporation for Financing and Promoting Technology (FPT) rose 2.32
percent to 66,500 VND on July 17, thanks to robust business performance in
the first six months of the year, according to its report release on
Wednesday.

As blue chips and market demand rise, investors are continuing to hold onto
them to get higher profits. Consequently, trading volume of good stocks was
quite modest.

Foreigners in the session bought 1.57 million shares, concentrating on
stocks like PVD of PetroVietnam Drillings, TTF of Truong Thanh Furniture,
and DPM of Phu My Fertiliser. Meanwhile, they sold 3.62 million shares,
earning 136.82 billion VND (8.29 million USD).

On the Hanoi bourse overall, the HASTC-Index passed the 150-point mark,
closing up 2.23 percent to 151.04. Trading turnover was 106.05 billion VND
(6.42 million USD) with 4.26 million shares changing hands.-Enditem