Both bourses recover with big leap

16/01/2008 -- 3:47 PM

Ha Noi (VNA) - Both Ho Chi Minh City's bourse and its Ha Noi-based counterpart witnessed an impressive recovery by the end of the January 16 trading session. By closing, the VN-Index at the Ho Chi Minh Stock Exchange (HoSE) was added the record 37.24 points to finish at 846 points. Up to 109,117 stocks gained with more than 14 million shares, worth 1.2 trillion VND, a 30 percent increase over the previous session, were traded during the day. The HaSTC-Index at the Ha Noi Securities Trading Centre also surged 19.83 points to end at 285 points. Up to 112 out of 120 stocks gained and 3.5 million shares, valued at 293 billion VND, changed hands. Many securities experts said that the unexpected reverse of the market went beyond the expectations of both investors and market experts. On Jan. 15, the State Securities Commission revealed that it would work out measures to give a push to the stock market following continuous falls since the beginning of the year.-Enditem
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