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Posts Tagged ‘bullish’

VN-Index wraps week in bullish sentiment

In Uncategorized on December 16, 2010 at 10:08 am

Vietnam’s benchmark VN-Index rocketed 2.74 percent, climbing to a four-month high on December 10 as investors were in upbeat sentiment.

The shares of 271 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange sprang 2.74 percent, or 12.61 points, to close at 473.06 points.


On the index, 233 stocks gained, 26 shrank, while 17 stalled.


Trading value on the city bourse climbed to the highest level in the past nine months as around 94.1 million shares changed hands at a value VND3.36 trillion.


Saigon Securities Inc. (SSI), the country’s largest brokerage, won the spot of the most active share in volume with 4.61 million shares changing hands.


It was chased by Refrigeration Electrical Engineering Corporation (REE) with 3.4 million shares traded.


Vietnam Export Import Commercial Joint Stock Bank or Eximbank (EIB) came next with 3.31 million shares changing hands.


Biggest winners on the southern market were Lilama 10 Joint Stock Company (L10), Lu Gia Mechanical Electric Joint Stock Company (LGC), Petroleum Equipment Assembly And Metal Structure Joint Stock Company (PXS), Development Investment Construction Joint Stock Corporation (DIG), Vung Tau Real Estate and Construction Joint Stock Company (VRC), and Vincom Joint Stock Company (VIC). They all shot up the daily 5-percent allowed limit.


Techno – Agricultural Supplying Joint Stock Company (TSC) soared 4.97 percent to VND19,000.


The newly listed Petrovietnam – Idico Long Son Industrial Park Investment Joint Stock Company (PXL) declined 4.86 percent to VND13,700.


Vien Dong Pharmaceutical Joint Stock Company (DVD) extended its losing streak to the fifth consecutive day, dropping 4.8 percent to VND39,700.


Anvifish Joint Stock Company (AVF)marched south for four straight days, losing 4.41 percent to VND19,500.


Meanwhile, the Hanoi’s HNX-Index enhanced 3.8 percent, or 4.26 points, to close at 116.39 points. Around 60.2 million shares changed hands at VND1.16 trillion.


The UPCom-Index also rose by 1.01 points to 41.02 points this morning. A total of 430,800 shares changed hands at a value of VND4.28 billion.

Source: SGGP

VN-Index climbs on bullish sentiment

In Uncategorized on November 25, 2010 at 8:20 am

Movements of VN-Index on November 25. (Photo: vietstock.vn)Vietnam’s benchmark VN-Index extended its winning streak to three consecutive days on November 25 as investors regained confidence.

The gauge of 270 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange jumped 1.24 percent, or 5.37 points, to close at 439.85 points.


On the measure, 213 stocks gained, 32 decreased, while 30 remained unchanged.


Trading volume on the city bourse improved by 10 percent as around 34.2 million shares changed hands at a value of VND691.2 billion, the highest level in the past five trading sessions.


Saigon Securities Inc. (SSI), the country’s largest brokerage, won the position of most active share in volume with 1.28 million shares changing hands.


It was followed by Transport Engineering Construction & Business Investment Stock Company 584 (NTB) with 1.22 million shares.


Investment and Trading of Real Estate Joint stock Company (ITC) came next with 1.09 million shares traded.


Hoa Sen Group (HSG) and Sao Vang Rubber Joint Stock Company (SRC) both leaped the daily maximum allowed limit of 5 percent to VND16,800, and VND18,900 respectively.


Vietnam Mechanization Electrification & Construction Joint Stock Company (MCG) and Transport Engineering Construction & Business Investment Stock Company 584 (NTB) both surged 4.96 percent to trade at VND14,800.


Mien Trung Petroleum Construction Joint Stock Company (PXM) gained 4.95 percent to VND10,600.


The newly listed Anvifish Joint Stock Company (AVF) slashed 5 percent to VND24,700 to become the biggest loser on the city bourse today.


Cuu Long Pharmaceutical Joint Stock Corporation (DCL) declined the second day, eroding 4.85 percent to trade at VND31,400.


Tan Binh Import – Export Joint Stock Company (TIX) curbed its winning momentum, dropping 4.84 percent to VND41,300.


Meanwhile, the northern bourse exceeded 100 as the Hanoi-based HNX-Index soared 3.08 percent, or 3.05 points, to finish at 102.07 points. Liquidity on the trading floor climbed to the highest level since the beginning of last week. Around 40.6 million shares were traded at nearly VND672.73 billion.


The UPCoM-Index of the unlisted shares market slightly restored 0.49 points to 40.84 points. A total of 140,000 shares changed hands at VND1.47 billion as of 11:10 am local time.

Source: SGGP

Markets wrap week in bullish sentiment

In Uncategorized on November 6, 2010 at 7:22 am

VN-Index closes month in bullish sentiment

In Uncategorized on October 29, 2010 at 8:09 am

Movements of VN-Index on October 29. (Photo: vietstock.vn)Vietnam’s benchmark VN-Index finished in green on October 29 as new regulations which tighten gold borrowing and lending activities positively affected investor confidence.

The shares of 266 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange emerged 0.57 percent, or 2.56 points, to 452.63 points.


Trading volume significantly improved over the previous session. Around 33.4 million shares changed hands at a value of more than VND1trillion.


Of the index, 124 stocks gained, 81 retreated, while 66 remained unchanged.


Saigon Thuong Tin Commercial Bank or Sacombank (STB) stayed on the position of most active share by volume the third day with 2.11 million shares changing hands.


PetroVietnam Fertilizer and Chemicals Corporation (DPM) came next with more than 1 million shares traded, followed by Ocean Group Joint Stock Company (OGC) with 837,150 shares.


Lix Detergent Joint Stock Company (LIX) rebounded from a previous loss of 4.76 percent, jumping the daily maximum allowed limit of 5 percent to VND63,000.


Vietnam Golf Tourism Joint Stock Company (VNG) climbed 4.93 percent to VND14,900.


National Seed Joint Stock Company (NSC) went up 4.65 percent to trade at VND36,000 from VND34,400 the previous day.


Construction company Cotec Investment and Land-house Development Joint Stock Company (CLG) ripped 4.97 percent to VND32,500.


Hoang Quan Consulting – Trading – Service Real Estate Corporation (HQC) plunged for three consecutive days, sinking 4.89 percent to VND29,200.


Cu Chi Commercial And Industrial Developing Investment Joint Stock Company (CCI) pared 4.8 percent to VND21,800.


Meanwhile, the smaller on the north also performed well as the Hanoi’s HNX-Index shot up 1.35 points, or 1.21 percent, to 112.86. Trading volume remained low as just 17.5 million shares worth VND350.56 billion changed hands.

Source: SGGP

Market remains bullish over upbeat sentiment

In Vietnam Stock Market on September 14, 2009 at 12:15 pm

The Ho Chi Minh Stock Exchange moved up for the third straight session over speculation on third quarter earnings results remaining healthy.









VN-Index, the measure of 174 stocks on the bourse, moved up 8.6 points, 1.57 percent, to close at 556.59. Of the index members, 92 stocks advanced, 59 dropped, and 23 were unchanged.


Trading volume accounted to 65.5 million shares worth VND2.85 trillion.


“Information about dividend plans and third-quarter earnings results released by listed firms will continue to drive market sentiment this week,” Bao Viet Securities Co. said in a report, adding that it expects the VN-Index to fluctuate between 525 and 560 points this week.


The Southern Rubber Industry Joint Stock Company (CSM), known as Casumina, gained 4.6 percent to close at VND91,000. The rubber maker announced on the exchange’s website that its estimated third-quarter pretax profits reached VND241 billion, equivalent to 105.14 percent of its 2009 target.


Casumina also announced that Nguyen Thi Ngan, sister of supervisory board member Nguyen Thi Le, will start selling her entire holdings of 947 shares tomorrow.


Ba Ria – Vung Tau House Development Joint Stock Company (HDC), known as Hodeco, was also among the gainers, rising 1.57 percent to VND64,500.


The company planned to sell 201,130 shares it had bought back earlier to boost its working capital, according to a statement on the exchange’s website. The sales will start on September 18.


Dong Do Marine Joint Stock Company (DDM) lost marginally 0.63 percent to VND15,900. Deputy general director Nguyen Thanh Tinh sold 22,700 shares to cut his holdings to 45,400 this month, according to a statement on the bourse’s website.


Cables and Telecommunications Material Joint Stock Company (SAM) surged by the five percent daily limit to close at VND33,900. The firm also announced on the exchange’s website that it would sell two million shares it had bought back, on- and off-market, in a bid to raise capital for investment projects this year.


At the smaller bourse in Hanoi, the HNX-Index advanced 2.65 points, 1.57 percent, to close at 171.83.


The UPCoM-Index of the unlisted stock slipped 0.42 point, 0.67 percent, to close at 62.64 as of 11 am.


Source: SGGP