ID :
93925
Wed, 12/09/2009 - 09:49
Auther :
Shortlink :
http://m.oananews.org//node/93925
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The VN-Index edged up for a second day
Hanoi (VNA) – The VN-Index edged up for a second day on Dec. 7 to close at 498.61, a gain of 0.74 percent, on continued sluggish volume on the HCM Stock Exchange.
The volume of the day’s trades dropped to just 26.36 million shares, worth a
combined 1.1 trillion VND (59.5 million USD), the lowest figures since July of
this year.
A strong performance by real estate and construction shares helped ensure the
advance of the VN-Index despite the low volumes, remarked FPT Securities Co
analysts in their daily report. Despite the attractive prices of many shares many
investors were waiting for a clearer sign of market trends before deciding to buy
or sell, they said.
On the Hanoi Stock Exchange, solid blue chips also helped lift the HNX-Index by
0.44 percent to a close of 160.09 points, a second day of modest gains.
The volume of trades on the northern bourse grew to 15.6 million shares, up 17.3
percent from Dec. 4’s session, for a total value of 602.38 billion VND (32.6
million USD), 33 percent higher than Dec. 4’s total.
Kim Long Securities KLS was the most heavily-traded share on the Hanoi market,
with over 2.1 million changing hands.
Foreign investors finished on Dec. 7 as net buyers of over a million shares on the
HCM City market, worth a net of 44.7 billion VND (2.4 million USD), while they
were net sellers on the Hanoi bourse of 174,800 shares, worth a net of 12.4
billion VND (670,810 USD). -Enditem
The volume of the day’s trades dropped to just 26.36 million shares, worth a
combined 1.1 trillion VND (59.5 million USD), the lowest figures since July of
this year.
A strong performance by real estate and construction shares helped ensure the
advance of the VN-Index despite the low volumes, remarked FPT Securities Co
analysts in their daily report. Despite the attractive prices of many shares many
investors were waiting for a clearer sign of market trends before deciding to buy
or sell, they said.
On the Hanoi Stock Exchange, solid blue chips also helped lift the HNX-Index by
0.44 percent to a close of 160.09 points, a second day of modest gains.
The volume of trades on the northern bourse grew to 15.6 million shares, up 17.3
percent from Dec. 4’s session, for a total value of 602.38 billion VND (32.6
million USD), 33 percent higher than Dec. 4’s total.
Kim Long Securities KLS was the most heavily-traded share on the Hanoi market,
with over 2.1 million changing hands.
Foreign investors finished on Dec. 7 as net buyers of over a million shares on the
HCM City market, worth a net of 44.7 billion VND (2.4 million USD), while they
were net sellers on the Hanoi bourse of 174,800 shares, worth a net of 12.4
billion VND (670,810 USD). -Enditem
