Securities market overview (04/07)
06/08/2010 - 151 Lượt xem
The VN Index increased by 4.97 points (1%) on June 30 over the end of the previous week to 515.59 points. However, the total traded volume saw a slight decrease to 5.55mil shares.
The prices of 11 shares increased on June 30, of which KDC and KHA saw the highest increases, while another 12 share prices remained stable, and 14 items decreased in price.
Foreign investors bought in at high volume. They purchased 2.64mil shares last week, marking the final transaction for June with a foreign investor purchase volume of 57.8 - 97.4% of total trade.
Analysts said that foreign investors would continue buying shares so as to hold a large proportion of shares in several key companies despite the high purchase prices. They sold only 18,160 shares on June 30, a trade volume worth just VND900mil ($56,250)
The HASTC Index of Hanoi Securities Trading Centre saw an increase of 0.85 points (+0.45%) on June 30, reaching 190.68 points. The total traded volume on June 30 decreased to 228,600 shares, worth VND7.4bil ($0.46mil).
The wealth of the stock market is expected to double in July, as ten companies have just been licensed to list on the bourse by the State Securities Commission (SSC).
On July 12, nearly 190,000 shares of Sacombank, valued at VND1,899bil, will be traded at the HCM City Securities Trading Centre.
On July 3, 1mil shares in Unico (UNI) will be offered for purchase. On July 6, Sudico (SJS) will list 5mil shares, and on July 11, 11mil shares in Bmplasco will also be available.
SSC has also licensed the VND1,250bil ($78.125mil) Vinh Son – Song Hinh Joint Stock Company, VND206.33bil ($12.89mil) Interfood, VND55bil ($3.43mil) Vinafco and several other companies to list. These companies will release listing plans in the next few days.
Once Sacombank and Vinh Son – Song Hinh list, the total volume of listed shares will increase by VND3,149bil ($196.81mil).
Source: VietnamNet
