Session No. 2072 - 7/10/2009. VN-Index: 438.83 -7.57 -1.7%    ABT 46.9 +0.3    ACL 25.5 +0.3    AGF 21 -0.5    ALP 13.3 -0.7    ALT 22 -0.8    ANV 17.1 -0.6    ASP 12 -0.2    BAS 10.9 -0.5    BBC 30 -1    BBT 6.3 +0.3    BCI 42 -0.8    BHS 20.3 +0    BMC 67 +0    BMI 26.5 -0.6    BMP 68 -2    BT6 46 +0    BVH 44.1 -2.3    CAD 11.4 -0.4    CII 39.5 -1.5    CLC 20.4 +0.3    CNT 22.6 -1.1    COM 49 +1.5    CSG 15.9 +15.9    CYC 11 -0.2    DCC 20.7 -1    DCL 67.5 +0    DCT 13 -0.3    DDM 11 -0.2    DHA 27.2 -0.1    DHG 112 -1    DIC 13.3 -0.3    DMC 70 +3    DPM 43.2 -0.1    DPR 42.7 -0.3    DQC 16.8 -0.7    DRC 84 +0    DTT 14 -0.2    DXV 10.5 +0    FBT 15.4 -0.4    FMC 12.9 +0.6    FPC 12.6 -0.4    FPT 71 +0    GIL 21.5 -0.9    GMC 17.1 -0.9    GMD 46.2 -0.8    GTA 11 -0.3    HAG 71.5 -1.5    HAP 21.9 -1.1    HAS 24.8 -0.5    HAX 20.3 -0.8    HBC 26.9 -0.9    HCM 60 -3    HDC 39.7 -0.5    HLA 23.3 -1.2    HMC 17.7 -0.9    HPG 55.5 -1.5    HRC 33.1 -1.7    HSG 32.4 -0.8    HSI 12.7 -0.6    HT1 15.2 -0.6    HT2 15.3 -0.7    HTV 12.2 -0.1    ICF 10.8 -0.5    IFS 10.5 -0.5    IMP 60.5 -1.5    ITA 31.5 -1.5    KDC 45.5 -0.3    KHA 22.2 -0.9    KHP 16.2 -0.5    KMR 11.6 -0.5    KSH 22 +0.6    L10 16.5 -0.6    LAF 12.4 -0.5    LBM 14.6 -0.3    LCG 51 -1.5    LGC 24.7 -1.2    LSS 29.6 -0.3    MAFPF1 4.5 -0.1    MCP 17.2 +0.1    MCV 13.3 -0.4    MHC 11.9 +0    MPC 22.3 -0.4    MTG 10.7 +0.4    NAV 12.9 -0.3    NBB 40.5 -2    NKD 31.5 -1.4    NSC 50 -1    NTL 75.5 -3.5    OPC 47.5 -0.7    PAC 57.5 -0.5    PET 19.9 -0.8    PGC 15.8 -0.2    PIT 14 -0.2    PJT 13 -0.1    PNC 11.9 -0.1    PNJ 72.5 +0    PPC 27.1 -0.9    PRUBF1 4.9 -0.1    PTC 11.5 -0.2    PVD 75 -0.5    PVF 39.5 +0.5    PVT 19.5 -0.3    RAL 26.8 +0    REE 38.8 -0.5    RIC 35.9 +0    SAM 28.8 -1.2    SAV 31.5 +1.3    SBT 13 -0.1    SC5 42.8 -2.2    SCD 15.3 +0    SFC 58 -1    SFI 45 -2    SGH 67 +0    SGT 22 -0.8    SJD 15.6 +0.1    SJS 102 -5    SMC 26.7 +0    SSC 39 -1.7    SSI 63 -1    ST8 27.1 -1.4    STB 34 -0.7    SVC 34.5 -0.3    SZL 44.9 -0.1    TAC 35.4 -1.7    TCM 15.5 -0.8    TCR 9.6 -0.2    TCT 85 -3.5    TDH 69 -1    TMP 18.5 -0.1    TMS 30.2 +0    TNA 29.9 +0.5    TNC 13.7 -0.7    TPC 13.6 +0.6    TRA 65 -0.5    TRC 45 -0.5    TRI 11.6 -0.4    TS4 26 -0.4    TSC 40.5 +0    TTC 10.7 -0.4    TTF 20 -0.6    TTP 39 -1.5    TYA 10.5 -0.3    UIC 24.5 -1.2    VCB 51.5 -2.5    VFC 11 -0.3    VFMVF1 11.4 -0.2    VFMVF4 8 -0.2    VHC 27.8 -1    VHG 12.7 +0.6    VIC 44.5 -1.5    VID 11.6 -0.2    VIP 15.6 -0.2    VIS 33 +1.5    VKP 13.3 -0.6    VNA 16.6 -0.4    VNE 14.6 +0.2    VNM 107 +5    VNS 36.5 +0    VPK 10 -0.1    VPL 64.5 -2.5    VSC 68 +0    VSG 11.8 -0.1    VSH 32 -1.5    VST 17 +0    VTA 9.7 +0    VTB 14 +0.3    VTO 13.3 -0.3   HASTC: Session No. 908 - 7/10/2009. HASTC-Index: 146.37 -2 -1.4%     ACB46.9 -1.1    AGC11.6 +0.3    B8215.6 -0.4    BBS15.9 -0.3    BCC16.2 -0.3    BHC15 -0.6    BHV49 -1    BLF12.4 -0.3    BPC14.1 -0.1    BST 13.5 +0    BTH12.5 -0.5    BTS14.1 -0.1    BVS49 -2    C9213.7 -0.6    CAN14 -0.2    CAP16 +0.4    CCM28 -0.6    CDC31 -1.7    CIC12.4 -0.2    CID 13.9 +0    CJC23 +1.5    CMC 13.6 +0    CTB 17 +0    CTC17.9 +0.6    CTN14.5 -0.4    DAC42.3 +0.3    DAE15.3 +0.3    DBC27.1 -1    DC421.8 -1.2    DCS10 -0.4    DHI11.3 -0.5    DHT27.5 +0.2    DNP15.2 -0.9    DPC17 -0.5    DST10.4 -0.4    DTC71.5 -0.4    DXP42.6 -0.5    DZM33.5 -0.7    EBS17.4 -0.1    ECI11.5 -0.5    GHA30.5 -1.5    HAI26.5 -0.9    HBD13.2 -0.6    HBE11.1 -0.8    HCC17 -0.5    HCT16.5 +0.7    HEV14.5 -0.5    HHC24 +0.1    HJS18.4 +0.9    HLC 20 +0    HLY38.8 -0.4    HNM15.9 +0.4    HOM15.8 -0.3    HPC23.6 -0.8    HPS 12 +0    HSC 179.4 +0    HTP13.1 +0.6    HUT20.5 -0.4    HVT17.2 -0.1    ICG25.7 -1.7    ILC15.2 -0.9    KBC29.9 -0.7    KKC24.1 -1.6    KLS28.1 -0.6    KMF10.4 -0.6    L1818 -0.2    L4317.5 -0.5    L6112.3 -0.2    L6217.9 +0.3    LBE11.3 -0.4    LTC15.9 -0.3    LUT12 +0.7    MCO11.6 -0.2    MEC25.4 +0.2    MIC45.5 -1.9    MKV12 -0.9    MMC 37 +0    NBC31.1 -0.6    NGC21.8 -1.6    NHC 35 +0    NLC24.5 -0.7    NPS24.5 +0.6    NST16 -0.4    NTP69.3 -0.5    NVC26.5 +0.1    ONE20.2 -1.4    PAN27.8 -0.6    PGS19.6 -0.2    PJC23.3 +1.5    PLC28.4 +0.1    PMS 16 +0    POT 11.4 +0    PPG11 -0.3    PSC26 +0.9    PTM12.9 +0.4    PTS17 -0.6    PVA20.3 -1.4    PVC30.2 -0.9    PVE18.3 -1.3    PVG16.3 -0.7    PVI30 -0.4    PVS34.5 -0.4    QNC24.2 -0.7    QST15.2 -0.8    QTC 15.1 +0    RCL78.5 +2.5    RHC 23 +0    S12 13.2 +0    S5524 -0.7    S6417 -0.7    S7426.7 +0.9    S91 13.6 +0    S9613.7 -0.2    S9940 -0.4    SAF22.6 +1.4    SAP11.5 -0.1    SCC14.2 -0.4    SCJ49.1 +0.6    SD221.2 +0.5    SD317.8 -0.5    SD415 -0.7    SD545.5 +1.6    SD626 -1.7    SD733 -0.4    SD813.3 +0.1    SD927.5 -1    SDA27.6 -0.6    SDC23.8 -1.7    SDD11.9 +0.2    SDJ15.5 -0.3    SDN22.1 +1.3    SDP21.5 +1.2    SDS 18.3 +0    SDT35 -0.9    SDY20.7 +0.3    SEB15 +0.4    SFN16.2 +0.3    SGC15 -0.7    SGD13.9 -0.4    SHB34.1 +2    SHC16 -0.6    SHS38.4 +2.1    SIC20.9 -0.3    SJ1 19.4 +0    SJC18 -0.8    SJE21.1 -0.5    SJM16.5 +0.4    SKS15.6 +0.3    SNG37.5 +1.7    SPP13.1 -0.4    SRA10 -0.4    SRB8.2 -0.1    SSM14.4 -0.2    SSS15.4 -0.6    STC13 -0.5    STL35 -1.1    STP20.6 -0.5    SVI23 +0.6    TBC25 -0.2    TBX20.9 -0.1    TC623.7 -0.7    TCS19.6 -0.1    TDN21.6 -0.5    THB16.8 -0.4    THT23.3 -0.6    TJC21.9 -0.3    TKU10.7 -0.4    TLC9.8 -0.2    TLT10.8 -0.4    TMC33 -0.3    TNG16.5 -0.4    TPH11.5 +0.3    TPP 11.8 +0    TST14.1 +0.1    TV416.7 -0.8    TXM11 -0.1    UNI19.9 -0.3    V11 12.5 +0    VBH11.7 -0.6    VC124 -1.3    VC243 -0.5    VC3 24.8 +0    VC514.3 -0.1    VC615.2 -0.3    VC714.2 -0.2    VCC13.6 -0.3    VCG27.1 -0.9    VCS45.4 -0.9    VDL 47 +0    VE19.5 -0.3    VE914.6 +0.8    VFR11.8 +0.2    VGP21.5 -0.2    VGS19.2 -1.1    VHL31.5 -0.4    VMC35.4 +0.3    VNC15.5 +0.3    VNR28.6 -1.1    VSP30.6 -1    VTC12.2 +0.1    VTL21.3 -0.9    VTS50.5 -1.3    VTV20.3 -0.4    XMC20.5 -0.8    YBC18 -1.1    YSC24.8 +0.8     

Investors advised caution on large caps


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Investors should be cautious about large caps this week, given the heavy selling of such stocks last week, an investment fund manager has urged.

The VN-Index, the gauge of 156 leading firms and four closed-end funds listed on the Ho Chi Minh Stock Exchange, last week rose slightly 1.4% to 546.66 points after a four-day break for the National Day.

Stocks with large market capitalization were sold heavily as investors rebuilt their investment portfolio, says Le Van Thanh Long, director of Ho Chi Minh City-based investment fund An Phuc.

Foreign investors sold 11.2 million shares while buying only 5.8 million last week.

PetroVietnam Fertilizer and Chemical Joint Stock Co., Pha Lai Thermal Power, steel maker Hoa Phat Group, oil drilling firm PV Drilling, telecommunication material supplier Sacom, bakery Kinh Do, industrial zone operator Tan Tao were among the stocks they sold the most.

The move shows they have profited from the market’s recent strong rallies.

“We suggest investors are cautious with Sacombank and FPT Corp next week,” Long says.

After a four-day break, Sacombank, or Saigon Thuong Tin Commercial Bank, went up strongly for two days in a row, following the State Bank of Vietnam’s move to increase the interest rate it pays on mandatory reserves to 3.6% from 1.2%.

However, the lender, which is the exchange’s only listed bank, ended on a note of gloom last Friday, slipping 4.9% to close at VND31,000, after it announced an issuance of more than 66 million bonus shares on the HCMC exchange next Wednesday.

“Sacombank will continue to fall sharply early next week as investors sell off to make profits,” Long said.

“It is likely to rebound after it drops below VND30,000.”

After tumbling in the second quarter, technology giant FPT Corp roared back over the market’s recovery in the third quarter.

The firm, which is among the market’s largest caps, has made an impressive rally of 154 percent since July 1.

However, the winning streak showed signs of running out of steam as investors cashed in their stocks for profit.

FPT slid 4.5% to close at VND127,000 last Friday.

Despite foreigners’ heavy buying of the company’s shares last week, Long expects “FPT will continue to retreat next week as investors keep selling off to take profit.”

“The firm will rally after diving to VND100,000,” he predicts.

Small caps top picks

While large caps were sold off last week, shares of listed companies with small market capitalization were investors’ favorites.

Figures from brokerages showed small caps - such as Dong Nai Roof-sheet and Construction Material Joint Stock Co., construction material maker DIC, cement manufacturer Da Nang, agricultural and aquaculture product maker Khanh Hoi and sugar maker Bourbon Tay Ninh - had more than unmatched buying orders last Friday.

The research department at An Phuc Securities Investment Fund Management Corporation predicts that without any breakthrough news on the market, the VN-Index will lose ground this week, with trading volume decreasing slightly over last week, as money pumped in large caps will move to small ones. (TN)

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