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Posts Tagged ‘450’

VN-Index sinks below 450

In Uncategorized on November 9, 2010 at 8:51 am

VN-Index falls to near 450 mark

In Uncategorized on October 14, 2010 at 6:32 pm

Movements of VN-Index on September 23. (Photo: increased disbursement as stocks on the Ho Chi Minh Stock Exchange tended to decline on September 23, helping liquidity on the trading floor to return to high level.

The VN-Index, a gauge of 256 companies and five mutual funds, shrank 0.69 percent, or 3.13 points, to finish at 450.77 points.

There were around 52.22 million shares changed hands at a value of VND1.43 trillion. Foreign investors boosted buying in blue-chip stocks, including PPC, HPG, FPT, DPM, BVH, SSI, and KDC, with an amount of 3.53 million shares worth VND118 billion.

There were 36 stocks that gained, 184 fell, while 42 were unmoved.

Although Ocean Group Joint Stock Company (OGC) was not in the priority list of foreign investors today, it continued to top the list of most active shares in volume with more than 3.99 million shares changing hands.

Investment and Trading of Real Estate Joint Stock Company (ITC) followed with 1.75 million shares, tagged along by Vietnam Export Import Commercial Joint Stock Bank (EIB) with 1.52 million shares traded.

Mtgas Joint Stock Company (MTG) and the newly listed company Petro Capital & Infrastructure Investment Joint Stock Company (PTL) were the biggest losers on the city bourse. Both plunged the daily maximum allowed limit of 5 percent to VND13,300, and VND19,000 respectively.

Meca Vneco Investment and Electricity Construction Joint Stock Company (VES) dropped 4.96 percent to trade at VND23,000.

DESCON Construction Corporation (DCC) retreated for three consecutive days, contracting 4.94 percent to VND23,100.

Thien Nam Trading Import Export Corporation (TNA) rose 5 percent to VND31,500.

Sacombank Securities Joint Stock Company (SBS) climbed 4.78 percent to VND26,300. The company will issue 13.81 million shares at a ratio of 3:1 and at a price of VND15,000 per share to its current shareholders, not including its major shareholder Saigon Thuong Tin Commercial Bank.

From September 22 to October 22, Nguyen The Chuan, father of Nguyen Huy Cuong – deputy general director of Sacombank Securities Joint Stock Company (SBS), registered to sell all 91,500 shares to restructure his investment category.

Viet Nam Petroleum Transport Joint Stock Company (VIP) closed up 4.51 percent to VND13,900.

The Hanoi’s HNX-Index slashed 1.7 points, or 1.29 percent, to close at 129.83. Trading volume rebounded by 80 percent in volume and 34 percent by value to 36.7 million shares, worth VND879 billion.

The UPCoM-Index inched up 0.25 points to 46.96. Around 0.54 million shares were traded at VND6.6 billion as of 11:15 am local time.

Source: SGGP

VN-Index strives to stand at 450

In Uncategorized on October 14, 2010 at 6:32 pm

Movements of VN-Index on September 27. (Photo:’s benchmark VN-Index struggled to recover on September 27 as investors were wary after a report showed that the customer price index hiked 1.3 percent in September.

The shares of 258 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange gained 0.11 percent, or 0.49 points, to finish at 450.2 points.

Trading volume remained low as just 37.4 million shares changed hands at VND954 billion.

Red took the upper hand on the electric board as 129 stocks fell. Meanwhile, 77 stocks advanced and 57 were unchanged.

Ocean Group Joint Stock Company (OGC) continued to stay at the position of most active share in volume for nine consecutive trading sessions, seeing 2.48 million shares changing hands.

Saigon Thuong Tin Commercial Bank or Sacombank (STB), which jumped the daily maximum allowed limit of 5 percent, followed with 1.812 million shares, tagged along by Petro Capital & Infrastructure Investment Joint Stock Company (PTL) with 1.81 million shares.

From September 27 to November 27, Old Square Capital Master Fund, L.P, inside shareholder of Saigon Thuong Tin Commercial Bank (STB), registered to buy 30,000 shares and sell 55,000 shares, sending its holdings to 110,000 shares, to restructure its investment category.

Sao Mai Construction Corporation (ASM) hiked 4.88 percent to VND64,500.

Thien Nam Trading Import Export Corporation (TNA) edged up for three straight trading sessions, gaining 4.85 percent to VND34,600.

The newly listed Viet Thang Aquafeed Joint Stock Company (VTF) tumbled 4.97 percent to VND17,200.

Viet Nam Land Investment Corporation (VNI) slashed 4.93 percent to trade at VND21,200.

Tai Nguyen Corporation (TNT) dropped 4.92 percent to VND30,900.

The Hanoi’s HNX-Index added up 0.3 points, or 0.23 percent, to close at 129.93 points. Trading volume fell to 24.8 million shares, worth VND614.41 billion.

The UPCoM-Index cut 0.35 points to 46.89 points. A total of 223,176 shares were traded at VND4.17 billion as of 11 am local time.

Source: SGGP

U.S. funds $450,000 to help Vietnam fight pandemics

In Vietnam Health on September 17, 2009 at 1:30 pm

The American Embassy in Hanoi announced Thursday a US$450,000 grant for a project designed to help Vietnam combat A/H1N1 flu and other diseases.

The one-year project aims to strengthen the role of civil society in fighting this flu and other threats.

With the grant from the U.S. Agency for International Development (USAID), the Vietnam Red Cross Society will develop a pandemic influenza preparedness and response plan and provide training for civil society organizations active in the country.

The project is expected to enhance Vietnam’s ability to respond to community needs in an influenza pandemic in areas of health, food security and livelihoods in the country.

Source: SGGP

VN funds projects marking 450 year old Vientiane

In Uncategorized on August 24, 2008 at 3:55 pm

Vientiane (VNA) – The Vietnamese government has assisted 84 billion VND (5.04 million USD) to build the Saysetha park and restore the Thatluong square in Vientiane, which are among 11 socio-cultural projects to mark the 450 th founding anniversary of the capital city (1560-2010).

Construction of the two projects, expected to be completed in October 2009 and October 2010, respectively, and the unknown soldiers monument started on August 23.

Addressing the ground-breaking ceremony, Lao Deputy Prime Minister Somsavat Lengsavad stressed the importance and significance of those projects in the cultural life of the people of the Lao tribes as well as the people in the capital city. He thanked the Vietnamese government and people for their help.

Present at the ceremony were also Secretary of the Vientiane Party Committee Sombath Yialiheu, and Vietnamese Ambassador to Lao Nguyen Huy Quang.-