Stocks of sugar producers soared

Hanoi (VNA) – Stocks of sugar producers soared to their ceiling prices on July
19, helping the VN-Index to reach 506.84 points at the close of trading on the HCM
Stock Exchange, an overall gain of 0.12 percent.
Listed sugar producers saw share prices bump their heads against the top of
regulated trading bands, including Lam Son Sugar Co (LSS), Bien Hoa Sugar Co
(BHS), Sucrerie Bourbon Tay Ninh (SBT), Ninh Hoa Sugar Co (NHS) and Gia Lai
Sugarcane and Thermopower Co (SEC).

The overall value of trades on the HCM City stock market on July 19 dropped
7.14 percent from Friday’s session to 1.3 trillion VND (68.4 million USD) on a
volume of 43.2 million shares. Sacombank (STB) remained as the most active share,
with 2.3 million traded.

Without the assistance from sugar stocks or blue chips, shares declined overall on
the Hanoi Stock Exchange on July 19, with the HNX-Index closing off nearly
half-a-percent to 160.37 points.

Trading volume was approximate to that on the southern bourse, however, with 42.4
million shares changing hands. The value of trades on the Hanoi market reached
1.25 trillion VND (65.8 million USD), with Kim Long Securities Co the most-active
share on a volume of 3.5 million.

Foreign investors was net sellers in Hanoi , selling off 100,000 shares worth a
combined 7.8 billion VND (410,562 USD). Meanwhile, they continued as net buyers on
the HCM Stock Exchange by a net of 780,000 shares worth 52.8 billion VND (2.8
million USD).-Enditem