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StockmarketWednesday, 11/29/2006, 12:43

Demand, supply balance

There was a balance between demand and supply yesterday after the oversupply on Monday<br>
Demand

Demand, supply balance


There was a balance between demand and supply yesterday after the oversupply on Monday.

 

Demand yesterday grew 22% on Monday to reach 7.12 million shares while supply was 7.94 million shares, down 36% on the previous day.


The VN-Index fell 2.15 points to reach 638 with 19 stocks going up and 26 others dropping. Many leading stocks such as GMD, KDC, and BMP declined strongly after a sharp rally.


Yesterday�s trading volume amounted to 4.79 million shares, 0.61 million lower than the previous day, with a total value of VND374 billion, VND7 billion lower than Monday.

Foreigners yesterday spent a mere VND11 billion, compared to VND60 billion on Monday, buying 163,180 shares. They increased the selling volume to 144,030 shares worth VND12 billion, 2.3 times higher than the previous session.  


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