Saturday, April 28, 2012

Securities rebound ahead of the holiday break

Stocks rebounded on April 27 on both nation's stock markets despitepredictions by professionals that individuals will get rid of stock shares to realiseprofits ahead of upcoming week's vacation, when Vietnam 's the reason transactions will beshut on April 30 and can 1.

Within the HCM Currency Markets,the VN-Index gained .76 pct to strike a 1 hour-season a lot of 473.77points. Market value decreased fifteen percent from April 26 at 1.3 trillionVND (61.9 thousand USD), when volume level fell ten percent to only 86.2million stock shares.

Advancers tripled decliners, led by bluechips. On the list of 30 main stock shares by monatary amount and liquidity, 23rallied when 5 went under and 2 closed down in one piece. The VN30 Index also rose0.58 pct to end at 541.2 issues.

Mining sharescontinued to climb on April 27, but after a few ceiling-hittingsessions, lots of individuals chosen to settle their profits. Tay BacMinerals (KTB) was the best active portion of HCM Town on April 27with 4.4 thousand stock shares bought and sold. KTB gained yet another 4.35 % to closeat 14,400 VND (.69 USD).

Authorities at Vietnam InvestmentSecurities Corp declared that sector volume level has much better tremendously whenthe listing mind to your weight symbol, with many individuals willing topick up low cost stock shares and guide pillow further falls.

InchesThecurrent listing is ever-changing near the end of the costs model, sopressure to sell grows while in the forthcoming classes,Inches they wrote in aresearch be aware, but nevertheless expected good enhancements because of thestable economy.

Within the Hanoi Currency Markets,the HNX-Index on April 27 closed down 1.42 pct larger at 79.86 issues,but both sector volume level and value decreased about ten percent to only 67.6million stock shares value 706 billion dollars VND (33.6 thousand USD).

Gainers bogged down losers by 226-62.

Habubank (HBB) continued to enjoy trading for the Hanoi bourse withover 6 thousand stock shares altering palms, ending in one piece at 7,100 VND.

Foreign individuals ended up being online suppliers on April 27 in HCM Town ,unloading 2.43 billion dollars VND (116,000 USD) importance of stock shares, but theyremained online buyers in Hanoi , to blame for a web getting 14.4billion VND (686,000 USD) importance of stock shares.-VNA

Vietnam Economy

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