Stock indexes rebound strongly in last session of July

Vietnam Financial News

Stock indexes rebound strongly in last session of July 2009-08-01 - VietNamNet/VNA

Both Ho Chi Minh City and Hanoi bourses saw a strong recovery on July 31, ending a busy month of transactions on the Vietnamese stock market.

At closing, the VN-Index at the Ho Chi Minh Stock Exchange (HoSE) had risen by 14.85 points or 3.29 percent to 466.76 points.

More than 38 million shares and fund certificates, worth over 1.4 trillion VND (79.4 million USD) changed hands during the day, up 22 percent in volume and 27 percent in value.

Up to 142 shares rallied with 34 climbing to ceiling prices while 20 remained unchanged and four fell.

On the Hanoi Stock Exchange, the HNX-Index also saw a jump of five points or 3.36 percent to 153.91 points with 23.6 million shares being traded for nearly 775 billion VND.

As many as 168 shares recorded gains and 18 remained unchanged while four made no transactions.

Contrary to developments in the two main indexes, the UpCoM index lost 2.91 points or 3.68 percent to close at 76.06 points with more than 91,000 shares worth over 1.1 billion VND being sold.

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