VN-Index follows falling world markets

Hanoi (VNA) - Both market indexes fell again on Oct. 22 as fears of
protracted global economic turmoil continued to spread among Asian stock
markets after poor US corporate results and commodity reports.

The VN-Index slid again by 1.32 percent to 374.91 points when the Ho Chi
Minh Stock Exchange witnessed just 40 shares gaining points. Most of the
sessions's winners were low-priced penny stocks, which couldn't stop the
fall of VN-Index.

Meanwhile, most blue chips with substantial impact on the market index
fell, despite strong quarterly business results, as well as the long-term
benefits from shortened interest rates.

Market trade volume down to 9.990 million shares to 305.04 billion VND
(18.16 million USD) from 15.16 million shares on Oct. 21.

Foreigners doubled their purchases from the day before to 1.01 million
shares. They made strong purchase of some blue chips such as SSI, VNM and
FPT.

The HASTC-Index of Hanoi Securities Trading Centre also lost 3.76 percent
to 123.05 points with only 23 codes gaining points. The centre witnessed
6.06 million shares worth 209.98 billion VND (12.50 million USD) changing
hands. These figures represented a reduction of 25.46 percent in volume and
9.78 percent in valaue from October 21.