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Stock market muddled by mixed signals   2009-03-07 - VietNamNet/VNA

The VN-Index on March 6 closed down a soft 0.4 percent to 245.7 points as investors were confused by messages from global markets.

The HASTC-Index on March 6 closed down 0.21 percent to 84.59 points, with the decliners holding a half of the total 170 listed shares in the Hanoi bourse.

With US-based giant General Motors facing possible bankruptcy, and the ongoing effort of the Chinese to create economic stability, local investors were both worried and eager, which was reflected through the number of advancers and decliners.

Trading volume stayed at 7.32 million shares, down from 8.43 million on March 5. The amount was equivalent to 124.78 billion VND (7.1 million USD) in turnover. Sacombank had the highest trading volume with 940,290 shares, followed by PetroVietnam Transportation and Sai Gon Securities with 497,010 and 360,490 shares, respectively.

Foreigners were net sellers with 707,290 shares changing hands.

The HASTC-Index on March 6 closed down 0.21 percent to 84.59 points, with the decliners holding a half of the total 170 listed shares in the Hanoi bourse.

About 4.4 million shares changed hands, generating a turnover of 79.7 billion VND (4.6 million USD). Asia Commercial Bank was the most traded with 1.23 million shares, followed by giant constructor Vinaconex Group and Kim Long Securities.



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