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Tag Archive for ‘HOSE’

Grab and Uber fined, Mai Linh and Vinasun losing value

From early 2017, nearly 100 Grab and Uber drivers have been financially penalized for nearly VND350 million (15,400) due to lack of listed identification information, such as name and phone number of the companies. At the same time, both Grab and Uber still enjoy substantial growth in customer base, while traditional taxi operators Mai Linh […]

Securities Companies In Vietnam Trying to Brave Storm

Up to 56 out of over 100 securities companies in Vietnam reported losses in the third quarter of 2012. Securities brokerage houses suffered a combined net loss of VND212 billion but the earnings reached VND1,100 billion in the first nine months. Many have to restructure to survive in the raging storm. Total revenues of 100 securities companies grossed VND2,107 billion in the third quarter, totaling VND7,864 billion in the three quarters. They suffered from a combined loss of VND212 billion in the third quarter but still earned VND1,100 billion of profits in the January – September period…

Chucking out Disqualified Stocks in Vietnam

The Hochiminh Stock Exchange (HOSE) and Hanoi Stock Exchange (HNX) are lackluster as the prolonged downward spiral is yet to end soon…

Nov 8: Foreigners Continue to Net Buy on Both Bourses

Foreigners continued to net buy Vietnamese shares on the both two bourses, level of participation rose. These players net bought VND66.32 billion worth o f shares on HOSE after buying 4.9 million shares for VND107.14 billion and selling 1.8 million units for VND40.82 billion, accounting for 29.4% buying value and 11.2% selling value. Foreigners’ top net buying shares were VCB (VND11.8 billion), DPM(VND8.7 billion), MSN(VND8.6 bill ion), HSG VND6.9 billion), CTG(VND6 billion). Today, foreigners’ top net selling shares were BVH (-VND2.9 billion), EIB ( -VND1.5 billion), KDC(-VND1 billion), MBB(-VND0.9 billion) and GDT(-VND0.6 billion) . On the Hanoi Stock Exchange…

Nov 7: Foreigners Continue to Net Buy on Both Bourses

Foreigners continued to net buy Vietnamese shares on the both two bourses, level of participation rose. These players net bought VND7.38 billion worth of shares on HOSE after buying 3.4 million shares for VND80.06 billion and selling 3.05 million units for VND72.68 billion, accounting for 21.04% buying value and 19.1% selling value. Foreigners’ top net […]

Nov 6: Foreigners Change to Net Buy on Both Bourses

Foreigners changed to net buy Vietnamese shares on the both two bourses, level of participation eased. These players net bought VND2.87 billion worth o f shares on HOSE after buying 2.5 million shares for VND62.28 billion and selling 2.5 million units for VND59.41 billion, accounting for 9.8% buying value and 9.35% selling value. Foreigners’ top net buying shares were HSG (VND5.1 billion), DPM(VND4.7 billion), DRC(VND3.4 bill ion), VSH( VND2.7 billion), KDC(VND1.6 billion). Today, foreigners’ top net selling shares were STB (-VND10.1 billion), VCB ( -VND2.2 billion), SJS(-VND1.3 billion), BVH (-VND1.2 billion) and CII (-VND1 billion) . On the Hanoi…

Nov 5: Foreigners Change to Net Sell on HOSE, Buy on HNX

Nov 5: Foreigners Change to Net Sell on HOSE, Buy on HNX

Sacombank Has Plan to Merge with Eximbank: Source

Newly appointed Chairman of Saigon Thuong Tin Commercial JS Bank (STB) Nguyen Huu Phu told the local newswire Dau Tu Chung Khoan (“Securities Investment”) that the lender has “an idea” to merge with Vietnam Export Import Commercial JS Bank (EIB). Even if this is the case, it’s necessary to study carefully and prepare detailed roadmap for the merger, said STB representative. The merger [if ever occurs] is in line with the central bank’s scheme to restructure the current banking system towards fewer but stronger players, Phu emphasized. “In that case, I think the local financial market will have a new…

Vietnam Central Bank Yet to Finish Inspecting Sacombank

The State Bank of Vietnam (SBV) has yet to finish inspecting Saigon Thuong Tin Commercial Joint Stock Bank (STB) after finding it necessary to scrutinize the bank’s subsidiaries. The central bank initially planned to check the parent bank only; yet during the inspection, the monetary authority felt the need to examine its subsidiaries also. The results are not available until now, the central bank said. On Aug 21, 2012, Governor Nguyen Van Binh said: “The inspection on Sacombank started in July and is scheduled to end in late August. According to current regulations, the investigation results will be unveiled publicly.” Last…

Sacombank’s affair causes $1 bln market cap loss

The resignation of Dang Van Thanh, founder-cum-chairman of the board of directors of Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) , caused a VND22.25 trillion ($1.07 billion) market capitalization loss on Friday. The capitalization of Ho Chi Minh Stock Exchange (HoSE) and Hanoi Stock Exchange (HNX) incurred VND20 trillion and VND2.253 trillion losses by the end of the trading session, respectively. According to statistics from HoSE and HNX, by the end of Friday, their market capitalization declined to VND609.700 trillion and VND78.883 trillion compared to the previous day, respectively. The Friday trading…