Record 34 million shares traded in HCM City

Hanoi (VNA) - Investors created active sessions on the HCM Stock Exchange on July 16, trading a record 34.11 million shares, several times more than three months ago.

The shares were largely made up of large market-capitalised stocks.

Share trading itself hit a turnover of 1.23 trillion VND (74.61 million USD).

STB of Sacombank on July 16 saw 6.62 million shares change hands, making it the most active code on the bourse. DPM of Phu My Fertiliser followed with 3.13 million shares.

The VN-Index on July 16 closed slightly up by 1.40 percent to 486.53.

Selling orders began to increase, partially meeting the needs of investors to buy shares. Almost all blue chips hit ceiling prices.

Several blue chips, however, saw a downtown, such as North Kinh Do (NKD) which closed down 0.68 percent at 73,500 VND. Vinamilk (VNM) slid 2.72 percent to 143,000 VND.

Foreigners were active in trading on July 16. They bought 5.19 million shares while selling 2.87 million.

In Hanoi , the HASTC-Index gained a strong 3.44 percent to 147.74.

Trading volume rose to an amazing 19.32 million shares with a turnover of 586.12 billion VND (35.52 million USD).

Kim Long Securities (KLS) and Asia Commercial Bank (ACB) made large
contributions to the heavy volume. Both of these codes saw about 2.5 million shares change hands.

ACB on July 16 was traded at 66,000 VND while KLS was traded at 14,100 VND.