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Submitted by ctv_en_5 on Fri, 03/02/2007 - 19:00
The Ho Chi Minh City Securities Trading Centre (HOSTC) recovered on March 2 after a fall in the past consecutive days with Vietnam-Index increasing to 1.147.66 points. By contrast, the Hanoi Securities Trading Centre HASTC-index continued to slide.

In the last matching order, VN-Index rose to 1.147.66 points, up 24.59 points or 2.2 percent, reaching more than VND1,300 billion in exchange value.

FPT share bounced back in value, hitting VND645VND/share, up VND30,000/share while BMC and BMP shares also went up, from VND13,000 to 283,000/share and from VND100,000 to 250,000/share, respectively.


Many shares saw a sharp dip in value such as ITA slumping VND 22,000/share, SAM sagging VND10,000/share, HRC dropping VND13,000 and REE fell VND8,000/share.

Meanwhile, HASTC-index closed at 416.42 points on March 2, down 8.26 points compared to a day earlier. A total of 2.8 million shares valued at more than VND250 billion were transferred at the Hanoi stock exchange.


According to experts, securities market bubble has begun in Vietnam, causing a drop in share value and concern for investors. Despite facing price fluctuations on the Vietnamese securities market, investors said that it is not time to buy shares but keep patient until  the market returns to normal.

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