Matching values take a plunge

October 23, 2012 | 00:00

(0) user say

Matching value sharply reduced to less than VND400 billion Tuesday, with both bourses slightly adding.

The matching value of the bourses totaled VND390.4 billion ($18.8 million), nearly 30 per cent lower than in yesterday’s session. The value strongly reduced on both bourses.

A significant put-through value helped Ho Chi Minh Stock Exchange’s (HoSE) total liquidity reach VND475.3 billion ($22.9 million), with volume reaching 35.3 million shares. Hanoi Stock Exchange’s (HNX) liquidity was 18.2 million shares worth VND126.2 billion ($6.1 million).

The matching volume of Tan Tao Investment Industry Corp. (ITA) jumped back to 4.8 million shares, outperforming the southern bourse. The real estate stock still hit the floor to end at VND4,300.

Saigon General Service Corp. (SVC) suddenly became the second-active stock with more than 1 million shares matched, hitting the ceiling. The liquidity of other stocks on HoSE all fell to less than 1 million units.

Even most active stocks whose prices had fallen to very low levels on the HNX saw their matching value strongly declining to some 1-2 million shares each.

Petro Vietnam Construction (PVX) outperformed with 1.9 million shares matched. Saigon Commercial Real Estate (SCR), Kim Long Securities Corp. (KLS), FLC Group (FLC) followed with more than 1 million units matched each.

The two bourses ended slightly up after strongly fluctuation during the session, thanks to the rise of speculative small-cap and mid-cap tocks.

Mineral tickets Lao Cai Mineral Exploitation & Processing (LCM), Nari Hamico Minerals (KSS), Tay Bac Minerals Investment (KTB), Binh Thuan Mineral Industry (KSA), Duong Hieu Trading and Mining (DHM) turned to massively hit the ceiling after being strongly sold yesterday.

Several small-cap and mid-cap stocks in real-estate significantly rose on both bourses, among them Dat Xanh Real Estate Service & Constructions Corp. (DXG), Hoang Quan Consulting-Trading-Service Real Estate Corp. (HQC), Sao Mai Construction Corp. (ASM), PVI Investment and Development (PV2) having hundreds of thousands of units matched.

Large-cap stocks and particularly banking stocks stayed sluggish.

At the close, VN-Index added 0.71 points or 0.18 per cent to 397.71 points. HNX-Index added 0.21 points or 0.39 per cent to 54.56 points.