Securities prices tend to fall at stock market
HANOI - The total value and prices of securities traded at the Ho
Chi Minh City Securities Trading Centre on Aug. 25 tended to fall as supply
outstripped demand.
The total trade of 95,220 shares was valued at over VND 1.92 billion (USD
137,000).
REE (Refrigeration Electrical Engineering Corporation) shares were traded at the
floor price of VND 19,000, down by VND 300 compared to the Aug. 23 session while
SAM (Cables and Telecommunications Material Joint Stock Company) shares were
traded at VND 20,500, VND 100 lower than the ceiling price. The trade volume of
REE shares was 18,900, and SACOM shares, 74,200.
Only 2,100 HAP (Hai Phong Paper Company) shares were traded at the ceiling
price of VND 18,700, though purchase orders exceeded offers.
Meanwhile, the rate of orders and offers for CP1-0100 Government bonds was
2,770/3. Only 20 such bonds were sold at VND 100,800 while no CP1-0200 bonds
were traded as there were no buyers.
No TMS (Foreign Trade Forwarding and Warehousing Corporation) shares were
offered at the session.
The VN-index fell 0.12 or 0.1 percent to 118.84
Vietnam News Agency - August 25, 2000.
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