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Stock codes of Saigon Invest Group to continue their strong rise
Monday, 21 December 2009 16:16
Today (21 Dec) the stock market continued its strong rise started last week, helping VN-Index return to the peak of 460 points with nearly 100% ceiling-rise stock codes. The stock codes of Saigon Invest Group (SGI), including SGT, KBC and SQC, have all climbed up remarkably.


Opening the trading session, VN-Index increased by 13.74 points (3.1%) to 457.08 points. The trading volume was at a somehow restrained level, with 3.3 million shares, correlatively 132.9 billion VND. By mid-session, the rise effect of these stock codes impacted the whole market, shortening the gaps among different groups.

Saigon Invest Group had 3 point-rising stock codes. SQC – which had its debut at HNX on 17 Dec at quite a high price (81,000 VND) and consecutively surged during the previous days to 86,600 VND (from 18 to 20 Dec) – jumped at the end of today’s trading session (21 Dec) to 92,00 VND.

Similarly, KBC had the first trading session at HoSE on December 18 at 56,000 VND. After two sleeping days, KBC surged up and closed at 58,000 VND.

Not rising as strong as SQC and KBC, SGT revealed a great deal of potentials when it climbed to 23,400 VND.

Closing the week-start session, VN-Index stayed at 460.99 points, gaining 17.65 points (3.98%). This has been the highest session-close rise since 02 Dec. However, the liquidity of the market continued to lack prospects, with only 31.3 shares matched in the whole session, equivalent to 1,131.8 billion VND, slightly declining compared to the average level of 37 million shares last week. Although over 1 million SQC shares were ordered to be bought, only the minimum amount of 100 units were matched.

According to experts, this week VN-Index would continue its growth rate.

 Le Duy (Collect)

(Photo: Ms. Dang Thi Hoang Phuong striking the gong for the first trading session of SQC on HNX)

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