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Blue-chips fell, VN-Index continued to decline
Date: 4/20/2010 3:26:44 PM
The VN-Index on 20-4 to loss at the second consecutive when series of blue-chip stock prices continued to decline. Green color of the small stocks have not been pushing this index going up.

Investors are waiting for information to actively push the stock upward. Photo: Le Toan

Despite the momentum back up in round one, with an increase of 0.62 points (0.12%) up to 517.36 points, but market began to decrease when the phase matching continuously increasing volume of shares sold strong focus on large stocks. Closeing market, VN-Index lost 1.54 points (0.3%), down to 515.2 points.

Many small stocks of food portions, fisheries, construction such as ASM, ANV, BT6, CMG, DIC, DQC, FMC, HLG, etc.  keep up the ceiling, especially if they help reduce the momentum of the index. MCG has increased at the 5th session, TCM increases the 6th session, etc.
Meanwhile, the big stocks like EIB, STB, SSI, HSG, CTG, etc. still not regained upward momentum after several consecutive days off. This is why the index is not be the first increase since April so far. Market transaction have not had a breakthrough when the total volume of shares and fund certificates traded at about 55 million units, the value reached more than 2,000 billion VND. In this session, the HCMC floor has POM 163 million shares of Pomina with listing reference price is 40,000 VND. Ending the first session, POM increased the ceiling to 48,000 dong per share.

TWO shares of Company stock transferred from HAI Bank of Vietnam (HNX) to also post up today. TWO links session at 45,000 dong per share.
According to securities companies, the information most investors now expect the CPI in April, if the lower figure would have a positive impact to the psychology of investors and the general trend of the market . Besides, the interest rate will help cool off the cash flow into stock many more channels.

However, the company also said that expectations for May, first mold 520 is a threshold point is important for the session this week because there is less information and factors strong enough to stimulate the market to overcome this threshold.

Meanwhile, on the floor of Hanoi, the index Index HNX the 5th consecutive session, with an increase of 0.9 points (0.52%) to 173.94 points. Transactions continue at a high level when there are 53,8 million shares to be transferred, the value reached 1848 billion.

(Source:thesaigonetimes.vn)
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