On the Ha Noi Stock Exchange, the HNX-Index was up 0.78 per cent to close at 219.09 points. More than 108 million shares worth VND1.6 trillion were exchanged on the northern bourse. … [Read more...] about Market opens new trading week on a high note
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Dairy groups pursue public funding
Alice O’Donovan, legal and policy advisor at the European Association of Dairy Trade said, “Currently per capita consumption of milk in Vietnam is low. While there is dairy production in Vietnam, self-sufficiency in milk is still quite far off. We expect that the EVFTA will create a boost in exports to Vietnam, with investment by European companies in Vietnamese dairy production also being a possibility.” … [Read more...] about Dairy groups pursue public funding
Shares soars, analysts predict historic level of 1,204 points for VN-Index soon
Large caps continued to be the market’s driving force when 19 of the top 30 largest shares by market value and liquidity gained value and 10 dropped. Many stocks soared with Vinhomes (VHM), Hoang Huy Investment Financial Services (TCH) and FLC Faros Construction (ROST) hitting the daily ceiling prices. … [Read more...] about Shares soars, analysts predict historic level of 1,204 points for VN-Index soon
More than 23 million SHB stocks exchange hands
Indeed, SHB’s performance in recent years has been gloomy with the stock tending to fly low. As of the end of the session on December 9, SHB was at VND6,100 (26 US cents), lower than the VND6,800 (30 US cents) in late June. The sudden rise recently has been thanks to the purchase of VAMC’s bad debts ahead of schedule. That means the bank was fully qualified to issue 250 million stocks to pay dividends at the rate of 20.9 per cent. The stocks are forecast to be on trade in March. … [Read more...] about More than 23 million SHB stocks exchange hands
VN-Index climbs for seventh straight trading session, jumping nearly 18 points
Besides, gas and oil stocks also drew the cash flow, sending them to increase sharply. Particularly, PVD hit the ceiling; PLX and POW climbed from 2 percent to nearly 5 percent. The rising momentum also spread widely to other stocks, such as FPT, GAS, HPG, MSN, VNM, VJC, VRE, PNI, and MWG. It helped the VN-Index to come near 1,190 points. Market liquidity maintained at a high level, so the afternoon trading session was sluggish because the Ho Chi Minh City Stock Exchange continued to encounter network congestion. Ending the trading session, the VN-Index soared 17.2 points, or 1.47 percent, to close at 1,184.89 points with 313 winners, 134 losers, and 55 unchanged stocks. In Hanoi, the HNX-Index also advanced for five consecutive trading sessions, adding up 1.72 points, or 0.79 percent, to 219.12 points, with 128 gainers, 78 losers, and 51 unchanged stocks. The total trading volume was more than 1.05 billion shares, worth more than VND21.79 trillion. Put-through transactions … [Read more...] about VN-Index climbs for seventh straight trading session, jumping nearly 18 points