105 stocks on HOSE and 100 stocks on HASTC suffer losses

Trading boards of both southern and northern bourses today were overwhelmed in red as a majority of stocks listed were decliners.

As many as 105 stocks listed on the southern bourse, or two thirds of the total 154 listed stocks, dropped while only 37 gained and 12 others stayed still. The VN-Index closed at 530.62, down 0.8% or 4.3 points. Trading volume continued to reduce with only 4.2 million shares traded through order matching method for only VND 194 billion.

Only two of the most large-cap stocks, VNM and PVD were among the top five gainers. Other stocks, DPM, STB, PPC, FPT, SSI, ITA and HPG were all losers.

DPR shares of Dong Phu rubber company were today listed in the top five gainers and top five most traded stocks. DPR gained VND 1,000 to VND 55.500 a share with nearly 195,000 shared traded, ranking third in terms of trading volume on the Ho Chi Minh City Stock Exchange.

DPM was the most traded stock with more than 954,000 shares matched at VND 51,500 a share, down VND 500 a share.

Foreign investors today bought nearly 1.3 million shares worth more than VND 78 billion, including DPM (601,700 units), PVD (119,280 units) and DPR (80,200 units) while sold only 120,000 shares worth VND 9.5 billion.

In Hanoi, the HASTC-Index closed the day at 174.26, down 3.07 points or 1.73%. Trading volume was low at 2.4 million shares worth VND 102 billion. One hundred stocks listed on the bourse were decliners while only 21 were advancers and 13 maintained their reference prices.


source: http://english.vietnamnet.vn/biz/2008/04/779695/