VN-Index opens week in low note

Vietnam’s benchmark VN-Index opened at a 30-month low on November 21 as investors were still wary, although it is being speculated that CPI will remain at a low level in November.

The measure which tracks 300 companies and five mutual funds listed on the Ho Chi Minh City Stock Exchange shrank 0.13 percent or 0.48 points, to close at 379.14 points.

On the benchmark, 81 stocks rallied, 147 fell, while 77 remained unchanged.

Trading on the city bourse dropped by 38 percent in volume and 40 percent in value over the previous day, as around 21.2 million shares changed hands at a total value of VND327 billion.

Saigon Thuong Tin Joint Stock Commercial Bank or Sacombank (STB) was the most active share in volume for four consecutive trading sessions with 2.32 million shares changing hands.

Military Commercial Joint Stock Bank (MBB) took second rank with 1.24 million shares traded.

Hung Vuong Joint Stock Corporation (HVG) came next with 888,690 shares.

Viky Plastic Joint Stock Company (VKP) slashed 11.11 percent to close at VND800. The company has been running at a loss for 10 straight quarters.

Cadovimex Seafood Import-Export & Processing Joint Stock Company (CAD), and South Vietnam Container Shipping Joint Stock Company (VSG) both forfeited 5.26 percent to close at VND1,800.

Everpia Vietnam Joint Stock Company (EVE), and Saigon Beverages Join Stock Company (TRI) sank 5 percent to close at VND20,900, and VND1,900 respectively.

Vietnam Active Fund (VFMVFA) climbed for three consecutive trading sessions, gaining 5 percent to close at VND4,200.

Development Investment Construction Joint Stock Corporation (DIG) reclaimed 4.92 percent to finish at VND12,800.

Binh Minh Plastic Joint-Stock Company (BMP) leaped forward 4.86 percent to VND36,700.

The Hanoi’s HNX-Index of the smaller bourse in the north gave up 0.8 percent, or 0.5 points, to close at 61.68 points. Trading volume dropped to the lowest level in the past three months as nearly 18.2 million shares changed hands at a value of VND162.7 billion.

Meanwhile, the UPCoM-Index of unlisted shares jumped 1.11 percent, or 0.32 points, to 29.08 points at 2:20pm Vietnamese time. A total of 84,700 shares changed hands at a value of VND625 million.

By Thuy Doan

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