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Monday, June 9, 2025

VIX to issue over 72 million shares for dividend payment

The Saigon Times

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HCMC – VIX Securities JSC (HOSE: VIX) plans to issue more than 72.9 million shares as a dividend payment for 2024, which will increase its charter capital to VND15.3 trillion.

The company will finalize the list of shareholders eligible for the share dividend on June 19. Shareholders will get one new share for every 20 shares held, funded by undistributed after-tax profits.

With 1.46 billion shares outstanding, the upcoming issue is expected to spur VIX’s charter capital from VND14.58 trillion to VND15.31 trillion upon completion.

In its separate financial statement for the first quarter of 2025, VIX reported a 171.7% year-on-year surge in total revenue to VND979.7 billion. After-tax profit rocketed 129.9% to VND372.3 billion.

The growth was driven mainly by a 283.9% increase in gains from financial assets measured at fair value through profit or loss (FVTPL), totaling VND784.5 billion, compared to VND204.4 billion in the same period last year. Revenue from lending and receivables also grew 39.8% to VND160.8 billion.

Closing the trading session today, June 9, VIX edged down 2.95% to VND13,150, with a trading volume of nearly 37.9 million shares. It was the most actively traded stock among brokerage firms.

Vietnam’s benchmark index closed lower on Monday, weighed down by losses in real estate and large-cap stocks.

The VN-Index dropped 19.32 points, or 1.45%, to 1,310.57 points, with 241 losers and 84 winners. Trading volume on the Hochiminh Stock Exchange fell to 792.6 million shares valued at VND17.82 trillion, down 21.1% in volume and 25.8% in value from the previous session.

The VN30-Index, which tracks the 30 largest-cap stocks, lost 22.5 points to end at 1,396.56 points, with seven advancers and 19 decliners.

FPT and HPG rose 1%. Gains were also seen in GAS and banks such as STB, MBB, VPB, and LPB, though increases were modest.

VIC and VHM dropped to their floor prices, collectively taking away 10.5 points from the main index. Other major decliners included industrial real estate stocks GVR and BCM, which fell 2.3% and 2%.

The real estate sector posted the largest losses. However, some mid- and small-cap stocks, including NVL and DIG, managed gains of around 1%. NVL saw a high trading volume of 32.55 million shares, followed by DIG with over 20 million shares.

Shipping stocks performed poorly, with HAH hitting the floor price. GMD dipped 4.2%, VSC slid 3.7%, and VOS lost 2.8%. Brokerage stocks were mostly down, with VND and SSI declining more than 1%.

Bank stocks showed mixed results. STB, MBB, VPB, and LPB edged up less than 0.5%. SHB saw nearly 51 million shares traded, the highest on the exchange, but it dropped 1.1% to VND13,050. Foreign investors net sold around 5.8 million SHB shares.

Retail stocks performed better. MWG returned to its reference price. FRT rose 3.3%, and DGW gained nearly 3%.

On the Hanoi Stock Exchange, the HNX-Index decreased 2.12 points, or 0.93%, to 226.49 points, with 106 stocks dipping and 51 others advancing. Trading volume reached 88.9 million shares worth VND1.54 trillion.

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