Tag Archive for ‘Shares’

MoIT stake sale’s main lure: VEAM

The Ministry of Industry and Trade has announced plans to divest from six firms under its management from now until 2020, most notably, in this year’s sell-off of Vietnam Engine and Agricultural Machinery Corporation stock. Last week, a list of six firms slated for partial and complete divestment was released by the Ministry of Industry […]

Speculative stocks heat the Vietnamese market

Both local stock indices advanced yesterday, with investors pouring money into speculative stocks for short-term profits. The benchmark VN-Index on the HCM Stock Exchange rose 7.3 per cent to close at 777.26 points. The southern market index has gained 1.4 per cent in the last three sessions in the previous week. On the Hà Nội […]

Techcombank to sell 500 million shares in two phases

Vietnam Technological and Commercial Joint Stock Bank (Techcombank) will put 500 million shares on sale in two phases. According to newswire CafeLand, in the first phase, Techcombank will issue 70 million shares at the initial price of VND30,000 ($1.32) apiece. The sale is expected to take place between September and October or when the bank […]

Vietnam shares may not extend rallies through August, 2017

Vietnamese shares have risen during the last three sessions on both the local exchanges, but this rally is not expected to sustain through the last trading week of August. This is because investors will try to accrue profits from their recent gains, while supportive business-market information is lacking, according to experts. The benchmark VN Index […]

More Vietnamese investment funds receive licenses as Vietnam stock market thrives

A manager of TVAM said TVAM would launch the new fund – TVGF2 – a closed-end fund in early October. It will be listed on HOSE. Observers commented that more funds are being set up because of improved management and increased demand for investment because of the thriving stock market. PVI, a fund management company, […]

Nov 14: Vietnam Stocks Close Mixed, Liquidity Falls

Vietnamese shares closed in a mixed note today with draining liquidity as investors eyed government’s steps to boost ailing economy, large cap buoyed the Southern bourse. The benchmark VN Index added 2.49 points or 0.65 % to 387.71. Volume fell further by 16%to 24 million shares worth of VND320.8 billion. Put through trading contributed 1.9 […]

Nov 14: Foreigners Net Sell on HSX, Still Buy on HNX

Foreigners changed to net sell Vietnamese shares on the Hochiminh Stock Exchange but they remained net buyers on the smaller cap bourse Hanoi Stock Exchange. These players net sold VND10.75 billion worth o f shares on HSX after buying 1.63 million shares for VND41.24 billion and selling 3.05 million units for VND51.99 billion, accounting for 12.86% buying value and 16.21% selling value. Foreigners’ top net buying shares were KDC( VND6.4 billion), GAS(VND4.8 billion), VCB(VND4.4 bill ion), SBT ( VND2.2 billion), DPM(VND2 billion). Today, foreigners’ top net selling shares were MBB(-VND17.4 billion), HAG( -VND8 billion), STB(-VND3.2 billion), SJD(-VND2.9 billion) and…

Nov 14: UPCoM-Index Rises

The UPCoM-Index, the measure of 131 unlisted public companies closed higher today. The index added 0.04 point or 0.1% to 40.87. The market volume rose to 450,192 shares worth of VND2.56 billion. Market breadth was positive with 17 gainers, 7 losers, 4 unmoved, and the rest untraded. SDV was the biggest gainer, climbing 10% to finish at VND5,500 on a trade of 100 shares. CTH was the biggest loser, erasing 9.5% to close at …

Nov 14: Vietnam Shares Reverse Yesterday’s Losses

HA NOI (VNS)- It seemed to investors that stocks would continue to slide after yesterday’s decline, but they managed to rebound during this morning’s session. The VN-Index added 0.93 per cent to reach 388.81 points as market sentiment improved, with nearly half of listed codes emerging from the session as gainers. However, trading value dropped 11.7 per cent from yesterday morning’s level to VND184.1 billion (US$8.7 million). Trading volume reached 15.3 million shares. Among blue chips tracked by the VN30, only four retreated, three of which were real estate shares – HCM City Infrastructure Investment (CII), Dic Corp (DIG) and…

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…