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Posts Tagged ‘climbs’

VN-Index climbs on bullish sentiment

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

Movements of VN-Index on November 25. (Photo:’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

Weather clears for Indonesia tsunami aid as toll climbs

In Uncategorized on October 31, 2010 at 11:11 am

Death toll climbs as Russia forest fires spread

In Uncategorized on August 1, 2010 at 11:19 am

MOSCOW (AFP) – Firefighters on Sunday fought an uphill battle against spreading forest fires that have already killed 30 people, destroyed thousands of homes and mobilised hundreds of thousands of emergency workers.

The emergency ministry said Sunday that forest fires had engulfed more than 114,000 hectares across Russia. It mobilised almost 240,000 emergency workers to fight the blazes, along with 2,000 members of the armed forces.

Fires in the sparsely populated Far Eastern region grew three times in size over the last 24 hours, with the remote Kamchatka peninsula being hardest hit, the ITAR-TASS news agency reported Sunday, citing the region’s forestry department.

Grass burns in the village of Beloomut caught in a deep smoke. AFP

The emergency situations ministry gave a death toll of 28 on Saturday, including seven in the Moscow region.

Two more bodies were found Sunday in a burnt-out village in the Nizhny Novgorod region, the regional emergency ministry said, raising the official death toll to 30.

Nizhny Novgorod emergency services said Sunday that the firefighters had managed to stop fires spreading further overnight.

In the Voronezh region, one of those worst-hit, almost 600 people have been left homeless, Russian television reported, showing residents evacuated to a hotel and bags of clothes brought by volunteers.

Local resident Galina Shibanova told of escaping from her home, where she lived with seven members of her family, and moving to a cramped hotel with 148 other residents.

“It was impossible to go out into the street,” Shibanova said in an interview on television. “There was a lot of smoke and the children were choking. We covered their mouths with cloths and handkerchiefs and quickly put them in the car.”

“There has never been a fire like this,” fireman Maxim Korolyov told AFP in the village of Maslovka, where all but five of the 150 houses burnt down on Friday. “It’s the first time that I have had to fight a fire of this size.

An elderly resident, Vera Sakharova, complained that firefighters had come too late. “We did not have any help,” she said. “We had to do everything ourselves.”

Sceptical of promises of state help, Sakharova predicted: “They have given us nothing, and they won’t give us anything.”

“I don’t know what we are going to do after this,” she said.

Prime Minister Vladimir Putin on Friday visited a village in the Nizhny Novgorod region where more than 300 houses burnt down, leaving more than 500 homeless. Angry residents confronted the strongman leader, who promised to rebuild their homes and embraced one tearful woman.

Putin said on television on Saturday that 1,257 houses had burned down across Russia and promised that they would all be rebuilt by October, after allocating a total of five billion roubles (165 million dollars).

Speaking via video link with regional governors, Putin called the situation “extremely tense” and berated officials for their tardy response, saying: “Not everything was done in a timely way, but now is not the time to squabbling.”

In an earlier broadcast from Sochi Russian President Dmitry Medvedev called the situation a “natural disaster of the kind that probably only happens every 30 or 40 years.”

The fires unleashed by one of Russia’s worst heatwave have devastated the regions in the centre and the Volga river basin, to the east and southeast of Moscow.

Temperatures were forecast to hit 40 degrees Celsius (104 degrees Fahrenheit) over the next few days in affected regions, with the emergency ministry warning of an “extreme risk” of more forest fires.

Source: SGGP

Cliff climbs add adventure to Dalat tour

In Uncategorized on July 25, 2010 at 7:19 pm

Cliff climbs add adventure to Dalat tour

QĐND – Sunday, July 25, 2010, 21:7 (GMT+7)

Keren Taub and Alex Keagel from Israel got the buzz they wanted from their adventure tour in Dalat. Using ropes they had climbed down cliffs and the wet rock face of a waterfall, before diving into the icy cold pool at the base.

It was  really nice to abseil down the rocks,” Keagel told the Daily after he leapt into the rock pool at Datanla waterfalls about 5km from the Highland city.

He said he was really nervous at the beginning of the adventure tour, but excitement had gradually taken over and he overcame his fears.

Most tourists feel the same way Taub and Keagel did, when they look at the vertical cliff face they have to climb down.

They feel slightly safer though, when the travel companies in Dalat give them a short course on basic climbing skills and prepare them for any mishaps on the way down.

Tran Tuan Hiep, a trainer from travel firm Highland Holiday, says it is important for people to know how to maintain their balance during the rope-assisted climb down, but it’s crucial that they know how to regain their stance if they slip. Abseiling is not as easy as it sounds.

Staying calm is the best advice for climbers, as it will help them think clearly if they encounter a problem.

At the end of the climb, as a kind of trophy for scaling the waterfall, participants are given shorts and a printed T-shirt.  

A one-day cliff and waterfall adventure costs VND600,000 (US$31.5) per person for a group of two to five guests and VND400,000 (around US$21) per person for a group of at least six people. The price also covers transfers between hotel and the area where the adventure begins, and sandwiches for lunch.

Book a cliff and waterfall adventure by contacting travel companies in Dalat. Hotel staff in your hotel should be able to help.

Source: VietNamNet/SGT


Source: QDND

VN-Index climbs to 27-session high

In Uncategorized on April 22, 2010 at 8:15 am

Vietnam’s benchmark VN-Index on April 22 sharply hiked to near 530 points due to investors’ heavy buying.

The shares of 224 companies and four mutual funds listed on the Ho Chi Minh Stock Exchange finished at 529.31 points, gaining 1.84 percent, or 9.61 points. Trading volume was extremely high with more than 79.8 million shares, worth VND3.19 trillion being traded, marking the highest record in the last three months.

Among the index members, 120 shares gained, 68 fell, and 40 were unchanged.

Pomina Steel Corporation (POM), which located in Binh Duong Province, and the Hanoi-based Vincom Joint Stock Company (VIC) led the big gainers on the city bourse. Both added up the daily maximum allowed limit of 5 percent to VND52,500, and VND105,000 respectively.

DIC Investment and Trading Joint Stock Company (DIC) rose by 4.98 percent to VND23,200.

Saigon Securities Inc. (SSI) won the spot of the most active stock in volume with more than 3.54 million shares being changed hands. The largest brokerage in Vietnam closed up 4.99 percent to VND44,200.

Tan Tao Investment Industry Corporation (ITA), which rose by 4.95 percent, came next with 2.48 million shares, followed by Saigon Commercial Bank or Sacombank (STB) with more than 2 million shares.

Big losers included NBB Investment Corporation (NBB), Da Nang Contruction Building Materials and Cement Joint Stock Company (DXV), and Cavico Viet Nam Mining and Construction Joint Stock Company (MCV).

The smaller bourse in the north also performed well as the Hanoi’s HNX-Index advanced 0.47 points, or 0.26 percent, to close at 178.33. Liquidity on the northern market stayed high as investors continued to buy heavily. Around 77.2 million shares, worth VND2.69 trillion, were traded.

Meanwhile, the UPCoM-Index made a contrast move, losing 0.16 points, or 0.34 percent, to 47.17. A total of 125,940 shares changed hands at VND1.8 billion.

Source: SGGP

Oil climbs above 84 dollars

In Uncategorized on April 21, 2010 at 12:10 pm

LONDON, April 21, 2010 (AFP) – World oil prices breached 84 dollars on Wednesday as European governments reopened their airspace to more flights following a shutdown caused by ash from an erupting volcano in Iceland.

Traders were meanwhile awaiting the latest weekly update on the state of energy stockpiles in the United States, which is the world’s biggest energy consuming nation.

New York’s main contract, light sweet crude for delivery in June, rose 50 cents to 84.35 dollars a barrel.

London Brent North Sea crude for June added 85 cents to 85.65 dollars per barrel.

“Oil prices rallied on the partial reopening of European airspace, which will improve demand for aviation fuel,” said analyst Peter Bassett at Westhouse Securities.

Planes took to Europe’s skies on Wednesday after the chaos caused by the Iceland volcano cloud.

Britain finally lifted a flight ban on its airspace late on Tuesday, following Belgium, France and Germany and others in easing restrictions introduced after the Eyjafjoell volcano spewed a huge dust cloud across the continent.

However, airlines face a massive challenge to shift the backlog of passengers.

Millions of people have been stranded across the globe since Europe began shutting down airspace on April 14, and airline schedules are in disarray after so many of their planes were grounded.

Later Wednesday, meanwhile, the US government’s Department of Energy (DoE) will release its weekly oil inventories data for the week ending April 16.

Market expectations are that American crude reserves fell by 200,000 barrels last week, according to analysts polled by Dow Jones Newswires.

Crude futures had leapt by two dollars in New York trade on Tuesday, amid optimism about the state of the economy and the prospect of transatlantic air travel resuming.

“The gradual re-opening of the European airspace was constructive for oil prices,” added PVM analyst Tamas Varga.

Markets reacted to a pickup in jet fuel demand as planes increasingly took to the skies after the chaos of the past few days.

On Monday, oil had tumbled by almost two dollars amid concerns over fraud charges against Wall Street icon Goldman Sachs and the impact of the volcanic ash crisis.

However, the appearance of Goldman’s stellar first-quarter earnings on Tuesday also helped soothe market concerns.

Source: SGGP