Monday,  Jul 22, 2019,16:46 (GMT+7) 0 0
Local stocks forecast to rally next week
Sunday,  Jul 21, 2019,13:47 (GMT+7)
HCMC – Domestic stocks are predicted to continue rallying next week given good liquidity at the final winning session this week. The VN-Index may approach the strong psychological level of 985 points, according to BIDV Securities Company.
Saturday,  Jul 20, 2019,17:42 (GMT+7)
HCMC – VietJet Aviation Company (VJC) has announced that the State Securities Commission had approved its plan to buy back a maximum of 25 million shares, or a 4.61% stake, from July 26 to August 23. Vietjet made over VND13.6 trillion in revenue and VND1.6 trillion in pre-tax profit in the first quarter.
Thursday,  Jul 18, 2019,18:53 (GMT+7)
HCMC – The local stock market corrected today, July 18, as investors flocked to take profits out of blue chips that had made significant rallies in previous sessions.
Thursday,  Jul 18, 2019,16:58 (GMT+7)
HANOI – C.E.O Group (CEO) plans to issue 102.9 million shares to existing shareholders at VND10,000 each to raise its registered capital to VND2.6 trillion. Its net profit is estimated at VND226.9 billion in the first half of this year, 51% of the full-year target. Its revenue may reach VND2.43 trillion in the period, 70% of the full-year plan.
Wednesday,  Jul 17, 2019,18:30 (GMT+7)
HCMC – Selling pressure almost sank the local stock market today, July 17, but some heavyweights such as dairy firm VNM and leading gas group GAS managed to keep the VN-Index of the Hochiminh Stock Exchange slightly above the reference line.
Wednesday,  Jul 17, 2019,15:45 (GMT+7)
HCMC – VinaCapital has announced the acquisition of Smartly Pte Ltd, one of the first robo-advisory investment platforms in Singapore. Founded in 2015, Smartly advises customers to invest at low fees. VinaCapital is one of Vietnam’s leading investment companies with US$1.8 billion in assets under management.
Tuesday,  Jul 16, 2019,18:32 (GMT+7)
HCMC –Due to supporting news on business results and foreign ownership limit expansion, bank stocks continued the uptrend today, July 16, sending the VN-Index of the Hochiminh Stock jumping after a two-day loss.
Tuesday,  Jul 16, 2019,16:19 (GMT+7)
HCMC – The Hochiminh Stock Exchange has announced the latest update to the blue-chip VN30 Index for July, which will take effect from August 5. Accordingly, Bank for Investment and Development of Vietnam (BID) and insurer Bao Viet Holdings (BVH) have been enlisted in the VN30 basket, replacing HCMC Infrastructure Investment (CII) and Hau Giang Pharmaceutical (DHG). The addition of BID has raised the number of bank stocks in the VN30 basket to nine.
Monday,  Jul 15, 2019,18:40 (GMT+7)
HCMC – Some bank stocks such as VCB and TCB made strong increases today, July 15, but the local market still declined slightly for the second straight session as other top heavyweights ended lower.
Monday,  Jul 15, 2019,16:29 (GMT+7)
HCMC – Phat Dat Real Estate Development Corporation (PDR) has approved a plan to issue VND220 billion of secured inconvertible bonds in a private placement in the third quarter of this year. The one-year debt will be offered at a face value of VND100 million each and carry a fixed coupon of 13.5% per year. The yield will be paid every three months. In the previous four bond issues this year, PDR sold a combined VND1 trillion of debt at a coupon of 14.45%, 12%, 10.5% and 14% per annum, respectively. PDR plans to use the proceeds to fund Nhon Hoi ecotourism urban area project in the central province of Binh Dinh.
Saturday,  Jul 13, 2019,14:17 (GMT+7)
HCMC – The local stock market is forecast to go through some falling sessions next week as the main stock index failed to beat the strong psychological level of 980 points this week. However, bank stocks may outperform the market thanks to supporting news.
Saturday,  Jul 13, 2019,12:40 (GMT+7)
HCMC – HCMC Infrastructure Investment Corporation (CII) said it expects to receive VND1.12 trillion following the finalization of negotiations with one of its major project partners on July 10 and other projects in late June. CII also stated that it will therefore likely cancel an VND800-billion bond issue it had announced on July 5, and use the proceeds to finance other major projects. So far in 2019, CII has issued VND2 trillion worth of inconvertible bonds.
Thursday,  Jul 11, 2019,18:22 (GMT+7)
HCMC – Domestic stocks approached the strong psychological level of 980 points in the third straight rising session today, June 11, but the main stock index still failed to beat the threshold due to low investor demand.
Thursday,  Jul 11, 2019,17:36 (GMT+7)
HCMC – Vietnam’s government bond issuance in the second quarter this year dropped 48.6% against the previous quarter to VND35.6 trillion, or just 44.6% of the quarter’s plan. The total G-bond issuance in the January-June period was VND105 trillion, fulfilling 40.4% of the 2019 issuance plan. Bond yields remained stable in both primary and secondary bond markets. As of the end of June, one-year, five-year and 10-year yields stood at 3.23% (+2 bps), 3.91% (+5 bps) and 4.69% (-5 bps), respectively.
Wednesday,  Jul 10, 2019,18:16 (GMT+7)
HCMC – Domestic stocks continued the uptrend today, July 10, as investors eyed prominent firms with positive business outlook in the first half. The VN-Index of the Hochiminh Stock Exchange added 4.6 points, or 0.47%, against the previous session to close at 973.65.
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