VN-Index falls below 900 points

VN-Index falls below 900 points
Source: VNAgency

07/01/2008 -- 3:17 PM
HMC City (VNA) – The VN-Index at the Ho Chi Minh City Stock Exchange (HoSE) shed 16.01 points to slide below the 900 point threshold at the January 7 trading session.

The index stood at 887.08 points at the end of the session, with 9.2 million shares worth more than 870 billion VND changing hands.

Big losers included Nam Viet Seafood (NAV), Binh Dinh Mining (BMC), Tay Ninh Cable Car Tour (TCT) and Hau Giang Pharmaceutical with decreases per share ranging from 8,000-52,000 VND.

The HaSTC-Index at the Ha Noi Securities Trading Centre dipped by 12.86 points to end at 297.59 points. Only 1.9 million shares worth over 171 billion VND changed hands.

According to investors, Viet Nam ’s stock market is showing signs of instability, thus worrying domestic buyers.-Enditem