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Stock market reverses July 28   2009-07-28 - VNS

Today the stock market suffered the pressure of massive selling orders, resulting in a slight decline in both indexes after the impressive rise yesterday. Despite the point-losing session today, the market's liquidity remained high, showing that money was flowing into the stock market.

VN Index on July 28 declined by 6.73 points, or down 1.43% against the previous session to close at 462.98 points with a total matching order trade of about 61 million shares for 2.469 trillion dong in value.

Among 166 share codes and fund certificates posted on the market, there were 31 codes hiking, 127 codes slumping and 8 codes standing still at comparative price.

There was a clear differentiation among the large cap share codes. While SSI, REE, VIC and VPL witnessed ceiling rises from the beginning to the end of today session and other codes gained points namely PVF, GMD and KDC, some famous codes reversed and shared the same downtrend with the market, such as STB -900 to 36,000; VCG – 1,500 to 53,000; BVH -1,800 to 40,500; CTG -1,000 to 39,800 and PVD -3,500 to 79,500 dong per share.

In term of trading volume, STB kept leading the market with over 8.5 million shares being transferred, followed by SSI with 7.4 million, REE with 3.8 million, ITA with 3 million, PVF with 2.6 million and SAM with over 2.5 million shares changing hands.

On the northern floor, HNX Index fell by 6.26 points or 3.89% to end at 154.79 marks with a total market trade of 31.61 million shares worth 1.095 trillion dong.

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