31.7 C
Ho Chi Minh City
Sunday, November 24, 2024

spot_img

TAG

VN-Index

Waiting for a summer catalyst

Besides a number of real estate stocks that have strongly attracted buyers, some others are still struggling. This may present an opportunity for investors in the coming weeks or months. Several factors could help real estate stocks return to their growth path. Differentiation On July 1, Vinhomes (ticker on the Hochiminh Stock Exchange- HOSE: VHM) shares at times dropped to VND37,000 each, the lowest since their debut on the stock exchange, before they picked up again. Shares of this major real estate developer have steadily inched down over the past four months. After a selloff in late Q4 2022, shares of Novaland (ticker on HOSE: NVL) have stayed at between VND12,000 and VND15,000 per share for over a year. VHM and NVL are among the many real estate stocks trading at their lowest prices in recent years. Stocks that were once the best performers, like Construction Investment and Development Corporation (ticker on HOSE: DIG), C.E.O Group (ticker on the Hanoi Stock Exchange- HNX: CEO), and Dat Xanh Group (ticker on HOSE: DXG), may take a long time to return to their peak prices seen over two years ago. However, some stocks have successfully bottomed out and are now gathering steam. […]
To read more, please click here.

Gemadept to issue 103.5 million shares this year

HCMC – Gemadept Corporation plans to offer nearly 103.5 million GMD shares to existing shareholders to increase its charter capital from VND3.1 trillion to...

PV GAS to pay 60% dividend

HCMC – PetroVietnam Gas Joint Stock Corporation (PV GAS), a subsidiary of the state-owned Vietnam Oil and Gas Group (PVN), plans to spend VND13.78...

The market yet to break through

After a week of constant correction, the VN-Index of the Hochiminh Stock Exchange briefly crossed the psychological support level of 1,250 points, and ended...

Dabaco to issue over 80 million shares

HCMC - Dabaco Group, whose DBC shares are traded on the Hochiminh Stock Exchange, has announced its plan to issue nearly 80.67 million shares...

Long Hau to pay 19% cash dividend

HCMC - Long Hau Corporation (HOSE: LHG) will pay a 19% cash dividend to shareholders in August, meaning that shareholders will get VND1,900 for...

Latest news

spot_img