HCMC — VIX Securities JSC (HOSE: VIX) plans to issue nearly 73 million shares to pay a stock dividend of 5% for 2024, the company said in a document prepared for its annual general meeting scheduled for May 23.
The share issue will raise the company’s charter capital from VND14.59 trillion to around VND15.31 trillion, up VND729 billion. The process is expected to take place between late Q2 and early Q3 this year.
VIX expects to earn VND1.5 trillion in pre-tax profit in 2025, up 84% from 2024, while its post-tax profit target is VND1.2 trillion, up 81% year-on-year.
Closing the trading session today, May 5, VIX gained 4.18% to VND12,450, with nearly 33.8 million shares changing hands. It was the second most actively traded stock on the southern market.
Vietnam’s benchmark VN-Index added 13.75 points, or 1.12%, to close at 1,240.05 points, led by gains in real estate and small-cap stocks.
Advancers outnumbered decliners on the Hochiminh Stock Exchange by 220 to 80. Trading volume reached 605.7 million shares, down 10.4% from the previous session, while trading value fell 7.6% to VND14.35 trillion. Block deals accounted for nearly 28.6 million shares worth VND846.2 billion.
The VN30-Index, which tracks the 30 largest-cap stocks, added 10.7 points to 1,320.41 points, with 19 winners and seven losers. Vingroup-related stocks led gains, with VRE rising 5.3% to VND24,900. Foreign investors net bought 3.8 million VRE shares.
Other real estate stocks also performed well. GVR rose 4.9%, BCM 4.5%, VHM 4.3%, and VIC 2.9%.
In the banking sector, VCB slipped 0.35%, while CTG, TCB, and BID made mild gains. SHB rose 0.8% to VND12,700 with the highest trading volume of over 59.6 million shares.
On the Hanoi Stock Exchange, the HNX-Index edged up 0.87 points, or 0.41%, to 212.81 points, with 85 gainers and 71 decliners. Trading volume reached 43.86 million shares worth VND723.9 billion.