Bourses rally gains after falling

06/03/2008 -- 4:20 PM

Ha Noi (VNA) – Vietnamese stocks on March 6 rose to ceiling prices after slumping consecutively in recent days as the State Securities Commission on March 5 pledged to address investors’ concerns. The VN-Index at the Ho Chi Minh City Stock Exchange (HoSE) gained 27.72 points, or 4.75 percent, to end at 611.17 points. As many as 26.1 million shares changed hands at HoSE at a value of 2,399 billion VND. The HaSTC-Index at the Ha Noi Securities Trading Centre was up 15.11 points, or 7.9 percent, to finish at 206.49 points. The bourse saw 2.1 million shares traded at a value of 107 billion VND. On March 5, the State Capital Investment Corporation of Viet Nam (SCIC), which holds shares in more than 800 enterprises, said it will buy a number of stocks to help stabilise the market. However, the type and number of shares that SCIC plans to buy is not unveiled yet.-Enditem
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