Two markets slump in last session of June

The VN index closed the last session of June with a slight decline due to negative information from the US stock exchanges.

The two previous gaining trading sessions turned out to nothing when the two indexes sharply slumped at the beginning of today session. In the first trading session, VN Index approached the threshold of 500 points when plunging by 9.52 points or 1.86 percent to 501.19 points. However, the transactions increased because many investors purchased the shares at low prices. There were about six million shares being traded worth 215 billion dong.

In the following phase, the demand power showed no falling sign while the supplies increased. The VN Index slumped by 5.97 points or 1.17 percent to 504.74 points with over 37 million shares changing hands for 1.055 trillion dong in value.

At closing time, some shares in top-ten large cap share codes reversed to jump including DPM, HPG, PVD, VIC and VPL, creating favourable condition for the VN Index to narrow the declining amplitude. The VN Index saw a slight reduction of 3.57 points or 0.7 percent to 507.14 points with total matching order trade of over 49.33 million shares valued at 1.405 trillion dong, up 16 percent in volume and 11 percent in value against the previous session.

This morning, Hochiminh Stock Exchange (STC) welcomed the new member of Thuan Thao Joint Stock Co, under the share code of GTT.

Among the listed share codes, 170 codes fell, 45 codes rose and 30 codes stood still.

In terms of trading volume, PVT led the market with 2.37 million shares, followed by the newcomer of GTT with 1.88 million shares and VNE with 1.63 million shares.

Sharing the same scenario, the HNX Index reduced by 2.52 points or 1.56 percent to end at 158.81 points with total market trade of 40 million shares for 1.164 trillion dong, down 10 percent in both volume and value against yesterday session.

AtpVietnam

Tags: vietnam stock, Vietnam stock market, VNindex

Posted by VBN on Jun 30 2010. Filed under Stock. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry