ID :
14374
Wed, 07/30/2008 - 11:54
Auther :
Shortlink :
http://m.oananews.org//node/14374
The shortlink copeid
VNI up, signals local exchange's bright future
Hanoi (VNA) - The week got off to a bright start as domestic indexes jumped on July 29, making a happy anniversary for the 8 th birthday of HCM City Stock Exchange.
The VN-Index closed the session at 434.64, an increase of 1.21 percent or5.18 points.
Positive economic news, including Foreign Direct Investment (FDI) figures coming in at 31.6 billion USD in the first six months, helped encourage investors at the beginning of the week, according to the analysis departmentof Mirae Asset Securities.
The optimism was further pushed along by limited July inflation rate of 1.13 percent, and the lowest monthly trade deficit seen this year at 800million USD.
Trading volume stayed high at 14.22 million shares, with a total revenue of413.76 billion VND (25.08 million USD).
STB of Sacombank was the most active share, making up 18.23 percent of the day's revenue. It saw 3.25 million shares change hands with a total revenueof 72.6 billion VND.
DPM of Phu My Fertilisers was drawing the most attention from foreigners whobought 105.470 DPM shares on July 28.
SGT of Sai Gon Telecommunications and Technologies and HAP of Hapaco Hai Phong Paper also proved popular among foreigners, buying 156,100 and 138,600shares, respectively.
HCM City Stock Exchange on July 28 welcomed the 159 th code CNT of Construction and Material Trading Co. The share was offered at 45,000 VND,but closed at 36,000 VND by the end of the session.
The northern bourse saw the HASTC-Index rebound on July 28 to 144.59, anadvance of 3.74 points or 2.66 percent.
Trading volume peaked at 9.43 million shares, with a total turnover of 305.43 billion VND (18.51 million USD). ACB of Asia Commercial Bank and KLS of Kim Long Securities helped pump up the volume as they each saw over 1 million shares change hands.-Enditem
The VN-Index closed the session at 434.64, an increase of 1.21 percent or5.18 points.
Positive economic news, including Foreign Direct Investment (FDI) figures coming in at 31.6 billion USD in the first six months, helped encourage investors at the beginning of the week, according to the analysis departmentof Mirae Asset Securities.
The optimism was further pushed along by limited July inflation rate of 1.13 percent, and the lowest monthly trade deficit seen this year at 800million USD.
Trading volume stayed high at 14.22 million shares, with a total revenue of413.76 billion VND (25.08 million USD).
STB of Sacombank was the most active share, making up 18.23 percent of the day's revenue. It saw 3.25 million shares change hands with a total revenueof 72.6 billion VND.
DPM of Phu My Fertilisers was drawing the most attention from foreigners whobought 105.470 DPM shares on July 28.
SGT of Sai Gon Telecommunications and Technologies and HAP of Hapaco Hai Phong Paper also proved popular among foreigners, buying 156,100 and 138,600shares, respectively.
HCM City Stock Exchange on July 28 welcomed the 159 th code CNT of Construction and Material Trading Co. The share was offered at 45,000 VND,but closed at 36,000 VND by the end of the session.
The northern bourse saw the HASTC-Index rebound on July 28 to 144.59, anadvance of 3.74 points or 2.66 percent.
Trading volume peaked at 9.43 million shares, with a total turnover of 305.43 billion VND (18.51 million USD). ACB of Asia Commercial Bank and KLS of Kim Long Securities helped pump up the volume as they each saw over 1 million shares change hands.-Enditem