Wednesday,  Aug 15, 2018,02:25 (GMT+7) 0 0
VN-Index moves sideways
Tuesday,  Aug 14, 2018,20:07 (GMT+7)
HCMC – The VN-Index of the Hochiminh Stock Exchange made little change today, August 14, as selling pressure on banking stocks was almost offset by a late rally of blue chips, inching up a marginal 0.02% at 978.27 points.
Tuesday,  Aug 14, 2018,17:47 (GMT+7)
HCMC – Vietnam National Petroleum Group (PLX) has asked the Ministry of Industry and Trade to approve the lifting of its foreign ownership limit from the current 20% to 49% in preparation of the Government’s reducing its stake from 76% to 51%. In addition, PLX also proposed deferring the time of the divestment to 2019-2020, rather than 2018 as previously planned.
Monday,  Aug 13, 2018,18:28 (GMT+7)
HCMC – The local stock market went through cautious trade in the morning phase today, August 13, before a sharp rise of oil and gas stocks sent the VN-Index of the Hochiminh Stock Exchange soaring to an intraday high.
Monday,  Aug 13, 2018,16:27 (GMT+7)
HCMC – The board of directors of VPBank (VPB) has passed a plan to issue over 33.6 million shares under an employee stock ownership plan. The selling price is set at VND10,000 per share and the shares will be banned from trading within three years from the issuance date. It will conduct the issuance plan this year. Currently, VPB has over 2.42 billion shares in circulation and 73.2 million treasury shares.
Sunday,  Aug 12, 2018,15:05 (GMT+7)
HCMC – The VN-Index of the Hochiminh Stock Exchange will likely enter the zone of 980-1,000 points this week, given the recovery momentum, according to local securities firms.
Sunday,  Aug 12, 2018,08:41 (GMT+7)
HCMC – Airport Services Corporation (ASG Corp) has registered to list 34.5 million shares on the Hochiminh Stock Exchange. ASG Corp earned net revenue of VND255.2 billion in the first half of this year, up 4% from a year earlier. Besides, its after-tax profit rose by 8% year-on-year to VND85 billion, thereby taking its total undistributed after-tax profit as of late quarter two to VND256 billion. Meanwhile, the company’s total assets reached VND1.2 trillion as of late June, up VND326 billion from earlier this year. Its payables were VND447 billion, including VND50 billion worth of short-term debts and VND143 billion worth of long-term ones.
Thursday,  Aug 9, 2018,19:27 (GMT+7)
HCMC – The HCMC stock market succumbed to a heavy selloff, prompting the benchmark VN-Index to shed 2.77 points, or 0.29% at 963.5. Bank stocks as major boosters in recent sessions also came under heavy selling pressure which led to their value declining on the Hochiminh Stock Exchange.
Thursday,  Aug 9, 2018,16:53 (GMT+7)
HCMC – PetroVietnam Ca Mau Fertilizer JSC (DCM) has set the record date of August 23 to pay a dividend of VND900 per share for 2017. The firm, which currently has 529.4 million outstanding shares, will make the payment on September 12. DCM made a consolidated net profit of VND413 billion on net revenue of VND3.24 trillion in the first half of this year, down 26.9% and up 6.8% year on-year, meeting 64% and 59% of its full-year targets, respectively.
Wednesday,  Aug 8, 2018,20:18 (GMT+7)
HCMC – Van Phat Hung Corporation (VPH), 10.97% owned by PYN Elite Fund and 5.71% held by Construction Bank, said its consolidated net profit rocketed 48.78-fold year-on-year to VND19.32 billion in the second quarter of this year. Its consolidated net revenue fell 64.97% year-on-year to VND191.49 billion in the period. Its sales costs plunged 78.42% year-on-year to VND114.51 billion in quarter two. VPH made a consolidated net profit of VND42.92 billion from its net revenue of VND311.21 billion in the first half of this year, up 6.14-fold and down 45.16% year-on-year, respectively. Its debt ratio stood at 52.97% as of end-June, up from 50.36% late last year.
Wednesday,  Aug 8, 2018,19:39 (GMT+7)
HCMC – Energy stocks drove the market up today, August 8, as confidence in the energy sector was bolstered following the recent oil price increase.
Tuesday,  Aug 7, 2018,19:38 (GMT+7)
HCMC – Banks were major index savers on the southern market today, August 7, as they kept luring cash flow and gathered momentum.
Tuesday,  Aug 7, 2018,18:18 (GMT+7)
HCMC – Masan Resources (MRS) will issue more than 179.8 million bonus shares at a 25-for-100 ratio to spur its capital. The total outstanding share volume will amount to over 899.3 million, equal to some VND8.9 trillion in MRS’s chartered capital. The final registration date for shareholders is August 31. As of June 30, MRS has gained capital surplus of over VND1.9 trillion, MRS said in its quarter-two financial report. In the first half of this year, MRS earned a net profit of VND424.3 billion on revenue of over VND3.2 trillion, up five-fold year-on-year.
Monday,  Aug 6, 2018,20:15 (GMT+7)
HCMC – Many heavyweights on both the southern and northern markets suffered sharp declines in value today, August 6, though the index barely changed.
Monday,  Aug 6, 2018,17:03 (GMT+7)
HCMC – Hoang Anh Gia Lai Agricultural JSC (HNG) announced that its board of directors agreed to further sell 221,688 convertible bonds worth a combined VND2.2 trillion, or VND10 million each, to Truong Hai Auto Corporation (Thaco). With the ratio of 1:1,000, Thaco can convert these bonds into 221.688 million shares after one year. The move is expected to help Thaco set a solid foothold in the agricultural sector. Earlier in June, HNG offered 221,710 convertible bonds to its existing shareholders, but only sold 22 bonds, or a trivial 0.01%.
Sunday,  Aug 5, 2018,14:43 (GMT+7)
HCMC – Petroleum stocks will have a better chance of success, in addition to real estate, banking, construction and speculative stocks this week, securities experts said.
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