Stock indexes continue down the slope

Stock indexes continue down the slope

14/01/2008 -- 3:45 PM
Ha Noi (VNA) – Viet Nam’s stock indexes continued their downward trend on both the Ho Chi Minh City bourse and its Ha Noi-based counterpart during the January 14 trading session.

The VN-Index at the Ho Chi Minh City Stock Exchange (HoSE) dropped 19.77 points to close at 841 points with over 10 million shares, worth 960 billion VND, changing hands.

As many as 53 stocks went through the floor with Tay Ninh Cable Tour Company (TCT) reporting the largest loss of 14,000 VND per share, followed by Song Da Urban & Industrial Zone Investment and Development (SJS), Saigon Securities Inc. (SSI) and Hoa Binh Rubber (HRC).

Meanwhile, the HaSTC-Index at the Ha Noi Securities Trading Centre also suffered a sharp fall of 13.92 points to finish at 275.68 points. Around 2.6 million shares, worth 207 billion VND, were traded during the course of the session.

Up to 108 out of 118 listed stocks declined while only eight rallied for gains and two saw no change.

Song Da 99 (S99), Song Da 10.1 (SNG) and Saigon Cement (SCJ) were among the biggest losers of the day.-Enditem

(VNAgency)