Big transactions turn heads

October 30, 2012 | 17:00

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Some big put-through transactions suddenly appeared Tuesday amidst a continuing gloomy sentiment.

On the Hanoi Stock Exchange (HNX), Post & Telecommunication Joint Stock Insurance Corp. (PTI) had 5.2 million shares negotiated and Asia Commercial Bank (ACB) had more than one million shares negotiated.

Meanwhile, some big matching transactions also appeared in some banking stocks. Banking shares Navibank (NVB) had 8 million shares matched, outperforming the northern bourse. Saigon-Hanoi Bank (SHB) followed with 5.5 million shares matched.

Those sudden transactions helped HNX’s liquidity reach 34.4 million shares worth VND259.4 billion ($12.5 million) today.

The market stayed gloomy, as liquidity kept very low and the two benchmarks ended down.

Matching value totaled VND421.1 billion ($20.3 million). Put-through value was also weak on the Ho Chi Minh Stock Exchange (HoSE) today, making liquidity reach only 34.4 million shares worth VND297.2 billion ($14.4 million).

Both benchmarks ended slightly off today as decliners outran advancers. Some 127 stocks declined on the HoSE, compared with 77 advancing. Some 92 stocks were off on HNX, while 76 were up.

HoSE’s VN-Index slipped 0.15 points or 0.38 per cent to 389.86 points. The HNX-Index shed 0.51 points or 0.95 per cent to 53.13 points.

Mineral stocks turned to fall today on locking in profit pressures. Bac Giang Exploitable Mineral (BGM) hit the floor, Tay Bac Minerals Investment (KTB) lost 1.43 per cent and Nari Hamico Minerals (KSS) ended flat. Just Lao Cai Mineral Exploitation & Processing (LCM) still gained 2.34 per cent.

Whereas, some real estate tickets turned head to rise. Ho Chi Minh City Infrastructure Investment (CII) hit the ceiling, Dat Xanh Real Estate Service & Constructions Corp. (DXG) also hit the ceiling while pennies Hoang Quan Consulting-Trading-Service Real Estate Corp. (HQC), Ninh Van Bay Real Estate (NVT), Sao Mai Construction Corp. (ASM), Urban Development and Construction Corp. (UDC) significantly gaining.

Among banking stocks, Military Bank (MBB), Vietcombank (VCB), Vietinbank (CTG) slightly shed less than 1 per cent, Sacombank (STB) lost more than 1 per cent and Eximbank (EIB) stayed unchanged.