-
28-05-2008, 07:15 AM #1imported_hoangkiencom2 Guest
A technical
glitch sent the HCM City Stock Exchange into darkness yesterday, causing a
suspension in the day’s trading and snapping a 14-day market losing streak.
Yesterday afternoon, the
exchange’s website stated that today’s session would also be delayed while
the error was repaired.
This has been authorised
by the State Securities Commission.
The exchange’s
management board was unable to give further information about the nature of the
technical error, but they promised to fix the problem and restore normal trading
as soon as possible.
The VN-Index remains fixed
at Monday’s level of 420.51.
As brokers were told to
cease trading, rumours abounded that the technical error was a deliberate move
by the exchange to interrupt trading, as yesterday’s trading session began
with sell orders swamping buy orders, a pattern that has been repeated daily for
the past three weeks.
"This session would
have seen another downturn in the VN-Index if this error hadn’t taken
place," said Phuong Ha, a client of An Binh Securities Co.
Ha voiced the rumour
circulating among many investors, saying she suspected the technical error was a
pretext by market managers to delay trading for a few days and prevent a market
meltdown.
She added that both the
HCM City and Ha Noi exchanges were considering whether trading would be resumed
at the former, wider daily trading bands of 5 and 10 per cent, respectively.
In Ha Noi yesterday,
trading proceeded normally, with the HASTC-Index losing another 1.83 per cent of
its value to close at 123.17.
Trading volume was a
meagre 555,900 shares, for a total turnover of VND15.73 billion (US$983,125).
There were only three
gainers, while the remaining codes either declined or showed no trading
activity.
Asia Commercial Bank (ACB)
was the most active share on the northern market, with 80,100 shares changing
hands.View more random threads:
- Better investor relations needed
- PPE: Addition of reason for a ballot
- GTH: Notice of record date for Dividend payment in cash 2013
- MEC: Notice of record date for dividend payment in cash
- Stocks retreat on fading confidence
- VN-Index drops to below 300 points on IFC’s announcement
- Stocks slump as investors neglect
- NBP: Explanation for negative profit in QIII- 2009
- Ha Noi shares continue to retreat (19/3/13)
- GGG: HNX notice: GGG under supervision
Các Chủ đề tương tự
-
Stock market derivatives
Bởi grantevil trong diễn đàn STOCKs LISTED IN HoSETrả lời: 0Bài viết cuối: 26-07-2010, 02:59 AM -
Stock market to revive
Bởi imported_phạm hiểu trong diễn đàn STOCKs LISTED IN HoSETrả lời: 0Bài viết cuối: 12-07-2010, 04:30 AM -
Stock Market : Khôn & !
Bởi wooddunn351 trong diễn đàn Nhận định Thị trườngTrả lời: 0Bài viết cuối: 20-06-2010, 03:06 AM -
Profit-taking halts market advances
Bởi thienml123zxczx trong diễn đàn STOCKs LISTED IN HoSETrả lời: 0Bài viết cuối: 04-09-2009, 10:26 AM -
2008 stock market, taking stock
Bởi CharlesNese trong diễn đàn STOCKs TRADING IN HNXTrả lời: 0Bài viết cuối: 22-01-2009, 07:59 AM
Trong môi trường sản xuất và kho vận, việc quản lý chất thải là một trong những vấn đề cấp bách nhằm đảm bảo an toàn, vệ sinh và bảo vệ môi trường. Thùng rác công nghiệp ICD là một giải pháp hiệu quả...
Thùng Rác Công Nghiệp ICD: Giải...