UPCoM Index

UPCoM-Index Retreats on Bad Moods

The measure lost 1.27 points, or 2.57%, to close at 48.11, the lowest since June 30. The benchmark dropped 20% from this years high on July 15, 2010 after rising 30% in two weeks before that. It was created at a starting base of 100 points on June 24, 2009 but it has never been back to that level.

The UPCoM-Index, the measure of 88 unlisted public companies, returned to the bear trend low as investors dumped risky assets amid market uncertainty.

The market breadth was too negative on the least favorite exchange where only four stocks closed higher, 30 ended lower, four stocks closed unmoved and 47 stocks finished without any trade.

The market volume rose 10% from yesterday to 567,000 shares worth VND8 billion, down 8%.

IN4 was amongst the biggest gainers, adding 9.81% to VND23,500 on a trade of 100 shares - the smallest volune required for a trading order.

In the downswing, VCT was amongst the biggest losers, dropping 10% to close at VND16,200 on a trade of 1,000 units.

API was the most active stock on a trade of 119,000 shares, which sank 7.59% to VND14,600.

Foreign investors picked up 10,000 HIG shares, which plunged 6.3% to VND14,200.

Source: fpts.com.vn

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