Monday,  Dec 10, 2018,02:25 (GMT+7) 0 0
VN-Index expected to hit 970 points this week
Sunday,  Dec 9, 2018,14:23 (GMT+7)
HCMC – The VN-Index of the Hochiminh Stock Exchange is seen heading towards the 970-point level this week, buoyed by active trading of large caps that heavily attracted cash flow last week.
Sunday,  Dec 9, 2018,09:28 (GMT+7)
HCMC – Vietcombank (VCB) has announced the sale of shares equivalent to more than 1% of the chartered capital of Military Bank (MBB) and Eximbank (EIB) to comply with Circular 36, which limits cross ownership among lenders at below 5%. From November 16 to November 30, VCB sold 23.7 million shares of MBB. It also sold around 35 million shares of EIB on December 4. After the above transactions, the remaining shares that VCB must sell as required by the circular number 29.7 million and 10.6 million shares in MBB and EIB, respectively. According to Viet Capital Securities Company, VCB may collect around VND1.1 trillion from the sale of its shares in both lenders to 4.5%.
Thursday,  Dec 6, 2018,18:18 (GMT+7)
HCMC – Cash flow dipped on the local stock market today, December 6, as the poor performance of regional stock exchanges dampened local investor sentiment, sending the VN-Index of the Hochiminh Stock Exchange down for a second straight session.
Thursday,  Dec 6, 2018,16:39 (GMT+7)
HCMC – Bui Xuan Huy, general director of No Va Investment Group Corporation (NVL), has registered to buy 36.1 million NVL shares, including two million shares in an employee stock ownership plan and 34.1 million shares via matching or put-through deals from December 7 to December 31. If successful, Huy's stake in the property company would rise to 36.1 million shares, or 4%.
Wednesday,  Dec 5, 2018,19:18 (GMT+7)
HCMC – Many securities experts have expressed hopes that the market will receive a lot of supporting information this month, with the VN-Index of the Hochiminh Stock Exchange poised to recover.
Wednesday,  Dec 5, 2018,17:25 (GMT+7)
HCMC – Sao Ta Foods Company (FMC) said its revenue rose 3% year-on-year to hit US$16.2 million in November. The firm’s shrimp output surged 33% to 1,937 tons in the month. In January-November, its shrimp output was more than 20,700 tons, exceeding the goal for the year by 7%. Its revenue surpassed the full-year target by 6.2% at US$201.8 million. The Pan Group (PAN) has recently registered to buy 4.8 million shares of FMC, equivalent to an 11.85% stake, at the price of VND30,000 each, to raise its current holdings in FMC to 45%, or 18.1 million shares.
Tuesday,  Dec 4, 2018,19:04 (GMT+7)
HCMC – Eximbank (EIB) stole the limelight today, December 4, as the bank saw up to 37 million shares changing hands within just an hour in the afternoon phase, giving a boost to the VN-Index and turnover on the Hochiminh Stock Exchange.
Tuesday,  Dec 4, 2018,16:39 (GMT+7)
HCMC – Sai Gon Thuong Tin Real Estate Company (SCR) has approved a plan to issue VND300 billion of secured non-convertible bonds via a private placement in 2018 or 2019 in at least two tranches. The three-year debt will be offered in book-entry form with a face value VND1 billion each. SCR has yet to elaborate on the yield.
Monday,  Dec 3, 2018,19:04 (GMT+7)
HCMC – The local stock market started the month on a positive note today, December 3, as strong cash flow sent the VN-Index of the Hochiminh Stock Exchange surging a massive 25.05 points, or 2.7%, against last Friday to close at 951.59.
Monday,  Dec 3, 2018,16:45 (GMT+7)
HCMC – The Pan Group (PAN) has registered to buy 9.8 million shares, or a 31% stake, in pesticide producer Vietnam Fumigation Company (VFG) at VND38,500 each from December 3 to January 1, 2019. PAN expects to raise its current ownership in VFG to 16.1 million shares, or a 51% stake, from its current 20% stake, or 6.3 million shares. Recently, PAN conducted many merger and acquisition transactions with firms operating in the agriculture sector, aiming to complete its “Farm-Food-Family” business model and become one of the top agricultural firms in Vietnam, said Viet Capital Securities Company.
Sunday,  Dec 2, 2018,08:52 (GMT+7)
HCMC – Most securities enterprises and experts have forecast a negative outlook for the local stock market this week, saying that the VN-Index of the Hochiminh Stock Exchange may decrease or seesaw in a narrow range.
Friday,  Nov 30, 2018,17:35 (GMT+7)
HCMC – Mobile World Investment Group (MWG) has passed a plan to issue over 12.9 million shares for key employees at a price of VND10,000. The new shares will be banned from trading within four years from the issuance date.
Thursday,  Nov 29, 2018,19:29 (GMT+7)
HCMC – The local stock market retreated after a three-day winning streak today, November 29, with turnover sliding to a two-week low amid poor demand from both local and foreign investors.
Thursday,  Nov 29, 2018,16:54 (GMT+7)
HCMC – Development Investment Construction Corporation (DIG) plans to issue 48 million shares for existing shareholders early next year. The issue ratio is 0.188-for-1 while the selling price is set at VND13,000 per share. DIG expects to raise VND619.3 billion from the issuance to invest in Long Tan tourist urban area project in Dong Nai Province.
Wednesday,  Nov 28, 2018,18:21 (GMT+7)
HCMC – The local stock market advanced for the third consecutive session today, November 28, but trading remained sluggish as investors mostly stayed on the sidelines.
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