Vietnamese
stock market witnessed the fifth increasing week in a row, passing the
510-point mark though liquidity declined.The VN-Index of the southern Ho
Chi Minh City Stock Exchange ( HoSE) went up 0.09 points or 0.02
percent to close at 510.12 points on Friday.During the week, VN-Index
gained 2.34 point or 0.46 percent against last Friday's closing session.
The index experienced three ups and two downs, posting the highest
level of 511.62 points on Tuesday and the lowest level of 508.53 points
on Monday. Last week VN-Index ranged from 506.46 points to 509.16
points.A total of 78.639 million shares worth 1.085 trillion VND (51. 43
million U.S. dollars) changed hands at the HoSE on Friday, a decrease
of 32.09 percent in volume and 26.91 percent in value against
Thursday.VN-30 index, the new benchmark index for the HoSE which has
been applied since Feb. 6, 2012 and tracks the 30 leading shares by both
market capitalization and liquidity, closed at 570.Before you go
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points on Friday, up 0.93 points, or 0.16 percent against the previous
trading day.A total of 20.617 million shares were traded,Stainless steel
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manufacturing defects. worth 472.8 billion VND (22.4 million U.S.
dollars).On the country's northern bourse, Hanoi Stock Exchange, the
HNX-Index concluded at 66.09 points, up 0.02 points, or 0.03 percent on
Friday against the previous trading day's closing session.HNXFF-Index,
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and feature the Double Lock Valve for fast inflation and deflation.kayak seat pads which started trading since Monday, closed at 66.17 points, down 0.02 points, or 0.03 percent.
Profit-taking
activities took place alternately in the group of blue chips and
speculative stocks during the week, however, the speculative money still
churned the group of "hot" stocks including securities, real estate,
construction, and mining, helping easing anxiety among investors,
especially when foreign investors' net-buying activities reduced.The
market remained tense in the last sessions of the week. Although the
VN-Index ended the week with blue, investors seemed more careful as
liquidity declined sharply in recent sessions.Foreign investors boost
selling activities during the week, which became an obstacle for the
market when selling activities focused on several blue chips.However, a
good sign was that they have returned quickly to buy in the last
sessions of the week, thus relieving tension among investors. During the
week, foreign investors' net buying totaled 920,000 U.S.
dollars.Analysts said it became more difficult for investors to earn
large profits, as expected at the moment, because price fluctuation
amplitudes were narrowing. Investors should put into consideration
stocks that would benefit from the proposed increase in foreign rooms.
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