Monday,  Sep 24, 2018,10:50 (GMT+7) 0 0
Stocks set to consolidate this week
Saturday,  Sep 22, 2018,23:55 (GMT+7)
HCMC – After sharp rallies last week, local stocks are forecast to slide this week as the VN-Index of the Hochiminh Stock needs to enter a consolidation phase before rising further.
Saturday,  Sep 22, 2018,23:33 (GMT+7)
HCMC – Vietcombank (VCB) will auction 45.6 million shares, equivalent to 3.69% of outstanding shares, of Eximbank (EIB) at the Hanoi Stock Exchange on October 22. The starting price will be VND14,497 per share, versus the current price of EIB of VND13,850 a share. VCB expects to receive VND660 billion from this divestment. After an equity divestment of 53.4 million shares at Military Bank (MBB) earlier this month, VCB will also reduce its holding at EIB to 4.5% to comply with Circular 36, which limits non-subsidiary bank holdings to less than 5%.
Thursday,  Sep 20, 2018,19:26 (GMT+7)
HCMC – The VN-Index of the Hochiminh Stock Exchange rose past the 1,000-point level in the afternoon phase today, September 20, driven by strong demand for leading stocks such as consumer goods firm MSN and oil and gas enterprise GAS.
Thursday,  Sep 20, 2018,17:22 (GMT+7)
HCMC – HCMC Securities Corporation (HSC) plans to offer 86.3 million shares at a 3-for-2 ratio this year or in the first quarter of 2019 to increase its capital. The firm expects to raise over VND1.2 trillion given the selling price of VND14,000 each. Besides, HSC will sell 6.48 million shares in an employee stock ownership plan at VND14,000 each.
Wednesday,  Sep 19, 2018,20:08 (GMT+7)
HCMC – The benchmark VN-Index of the Hochiminh Stock Exchange briefly shot up to 1,000 points in the afternoon session today before it dipped below that level as some heavyweights came under strong selling pressure.
Wednesday,  Sep 19, 2018,18:06 (GMT+7)
HCMC – Hoang Anh Gia Lai JSC (HAG) has registered to buy 24 million shares of its subsidiary Hoang Anh Gia Lai Agricultural JSC (HNG) via put-through transactions from September 19 to October 18. HAG will raise its holdings in HNG to 57.81% or 512.86 million shares, from the current 55.1%. HNG has got approval from its shareholders to issue 87.4 million shares at VND16,000 each in a private placement. The shares will not be tradable within one year from the issuing date. HNG did not give the timeframe of the issuance, expecting to book proceeds of VND1.4 trillion from the sale.
Tuesday,  Sep 18, 2018,19:09 (GMT+7)
HCMC – The local stock market kept falling in the morning phase today, September 18, before a strong recovery led by blue chips sent the VN-Index of the Hochiminh Stock Exchange back to the positive territory.
Tuesday,  Sep 18, 2018,17:12 (GMT+7)
HCMC – Duc Long Gia Lai Group Company (DLG) is seeking permission to invest in five resorts and industrial zones in Ba Ria-Vung Tau Province. The projects are comprised of Binh An-Phuong Buu resort, Loc An ecological tourism complex, Suoi Ot resort and two industrial zones. In 2018, DLG will also implement build-transfer (BT) projects in HCMC with a total investment of VND7 trillion and receive a combined area of 500 hectares in exchange, said Viet Capital Securities Company. The firm has plans to develop apartment buildings, offices, affordable houses and shopping centers on the area in the next five to 10 years.
Monday,  Sep 17, 2018,19:11 (GMT+7)
HCMC – High selling pressure after a six-day winning streak sent the local stock market into a correction phase today, September 17, with the VN-Index of the Hochiminh Stock Exchange losing 3.73 points, or 0.38%, at 987.61.
Monday,  Sep 17, 2018,17:25 (GMT+7)
HCMC – Thanh Thanh Cong Investment Company has purchased 16 million shares of Thanh Thanh Cong – Bien Hoa Company (SBT) to spur its holding to over 123.5 million shares, or a 24.93% stake.
Sunday,  Sep 16, 2018,09:07 (GMT+7)
HCMC – The local stock market will receive positive support from macro-economic information in the country, with the banking sector expected to drive the VN-Index of the Hochiminh Stock Exchange to the 1,000-point mark, said a securities expert.
Saturday,  Sep 15, 2018,22:50 (GMT+7)
HCMC – Vietcombank (VCB) has announced to auction 53.4 million shares of Military Bank (MBB) at the starting price of VND19,641 per share. The auction will take place on October 15. VCB is expected to raise over VND1 trillion from the bidding.
Thursday,  Sep 13, 2018,18:44 (GMT+7)
HCMC – A strong recovery at bank stocks kept the VN-Index of the Hochiminh Stock Exchange up for the fifth consecutive session today, September 13, though selling pressure did pile up at the resistance level of 990 points.
Thursday,  Sep 13, 2018,17:07 (GMT+7)
HCMC – Tri Viet Securities Company (TVB) is seeking approval from shareholders to issue over eight million shares at a 2-for-1 ratio, with the selling price not lower than the par value. The brokerage expects to raise at least VND80 billion from the issue to improve its margin lending service. TVB moved its listing from the market for unlisted public enterprises, or UPCoM, to the Hochiminh Stock Exchange in June.
Wednesday,  Sep 12, 2018,18:52 (GMT+7)
HCMC – Stocks briefly surged today, September 12, before a late selloff sent the VN-Index of the Hochiminh Stock Exchange down to near the reference level at the close.
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