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Article: HCM CITY STOCK MARKET SEES LIQUIDITY GROW MARKEDLY.
- Article from:
- AsiaPulse News
- Article date:
- July 28, 2008
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HANOI, July 28 Asia Pulse - The stock market continued its downward spiral on July 24, but liquidity considerably improved as some firms released positive business results.
On the Ho Chi Minh Stock Exchange, trading volume reached 23.97 million shares compared to just 2 million on July 23. Trading value reached 910 billion VND (US$55 million).
The VN-Index nearly bounced back when Phu My Fertilisers (DPM) and FPT hit ceiling prices mid-day, following early-day increases of Hoa Phat Group (HPG), Techno-Agricultural Supplying Joint Stock Co (TSC), Binh Dinh Minerals (BMC) and Sai Gon Fuel Co (SFC).
The companies all announced good business results ...