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Oct 3, 2008

Oct 03 - VN Index plunges to 450 pts

After a slight rally in the last session, the Ho Chi Minh City Stock Exchange (HOSE) today October 3 tumbled on the stock market when the VN Index slipped 8.11 points or 1.76% to end at 452.14 pts with the total matching order trades of 10.4 million shares and fund certificates worth 356 billion dong, down 30% in both trading volume and value against previous session.

The statistics from HOSE showed that among 160 share codes and four fund certificates being listed on the southern bourse, the stock market saw 49 shares increasing with 14 reaching the ceiling price while 90 others decreasing with 10 falling to the floor price and remaining 25 shares remained unchanged.

Particularly, VNM of Vinamilk lost 500 dong to 94,000 dong per share, STB of Sacombank dropped 400 to 24,500, DPM and HPG plunged 1,500 to 57,500 and 52,500 dong, PVD of PV Drilling, SSI of Saigon Securities JSC and VPL of Vinpearl JSC slashed 1,000 dong and VIC of Vincom tumbled 4,000 dong to 95,000 dong per share.

STB continued leading the market in terms of trading volume with 1.1 million shares, followed by SAM with 690,000, HPG 680,000, PVT 500,000, SSI 440,000 and DPM with 260,000 shares changing hands.

Like the southern bourse, the Hanoi Securities Trading Centre (HaSTC) today October 3 also fell as the HaSTC Index dropped 0.94 points or 0.61% to end at 152.02 pts with the total market trades of 7,673,600 shares valued at nearly 276 billion dong.

Amongst 153 listed shares on the northern bourse, the stock market witnessed 80 shares decreasing, 11 stood still namely BCC, CAP, CSG, CTN, HTP, SAP, SGD, STC, SVC, VC6 and VC7, four with no trade namely HSC, LUT, NPS and SPP and 58 increasing.

RCL showed the strongest decline when losing 2,800 dong, PVI and S99 slipped 2,100 and YSC dropped 2,000 dong per share. Others fell around 1,000 dong per share.

DTC and VSP performed the biggest increases when adding 7,500 dong, CCM added 3,000, CDC up 2,500 and DBC jumped 2,000 dong per share.

KLS kept the first place in trading volume with 783,600 shares, ACB followed with 509,300, DBC with 454,800, TBC 430,600 and PVS with 424,600 shares being traded.

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