An accelerated sell-off of shares caused the HCM Stock Exchange to undergo a correction on March 30, with the VN-Index closing off by nearly 1 percent to 500.72 points.
But, following Monday’s sluggish pace, the overall value of the day’s trades returned to a more active 2.22 trillion VND (116.8 million USD), on a total volume of 58.8 shares.
Saigon Cable and Telecommunication Materials Co (SAM) became the most active share, with a volume of 4.8 million, after the company’s shareholders on Sunday voted to approve a target for this year of 1.31 trillion VND in earnings and 282.6 billion VND in profit. They also approved proposals to increase its charter capital this year and to rename the company SACOM Development and Investment Corporation.
The Hanoi Stock Exchange saw its fourth session of declines on the same day and the HNX-Index closed down by 0.84 percent to 162.37 points. Volume reached 27.7 million shares, worth a combined 906.84 billion VND (47.7 million USD), with Kim Long Securities Co (KLS) reclaming the spot as the most active share, with a volume of 2.6 million changing hands.
Foreign investors turned to be net sellers on the southern market by a net volume of about a million shares, worth a net of 36.9 billion VND (1.94 million USD), but they were net buyers on the Hanoi market, picking up a meagre 97,600 shares./.
But, following Monday’s sluggish pace, the overall value of the day’s trades returned to a more active 2.22 trillion VND (116.8 million USD), on a total volume of 58.8 shares.
Saigon Cable and Telecommunication Materials Co (SAM) became the most active share, with a volume of 4.8 million, after the company’s shareholders on Sunday voted to approve a target for this year of 1.31 trillion VND in earnings and 282.6 billion VND in profit. They also approved proposals to increase its charter capital this year and to rename the company SACOM Development and Investment Corporation.
The Hanoi Stock Exchange saw its fourth session of declines on the same day and the HNX-Index closed down by 0.84 percent to 162.37 points. Volume reached 27.7 million shares, worth a combined 906.84 billion VND (47.7 million USD), with Kim Long Securities Co (KLS) reclaming the spot as the most active share, with a volume of 2.6 million changing hands.
Foreign investors turned to be net sellers on the southern market by a net volume of about a million shares, worth a net of 36.9 billion VND (1.94 million USD), but they were net buyers on the Hanoi market, picking up a meagre 97,600 shares./.
