wiki globe

Posts Tagged ‘corrects’

VN-Index corrects after big rallies

In Uncategorized on December 16, 2010 at 10:07 am

Vietnam’s benchmark VN-Index made correction on December 14 as investors sold holdings to take advantages of previous sharp gains.

The gauge of 271 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange gave up 0.12 percent, or 0.57 points, to close at 489.65 points.


Among the index members, 52 advanced, 197 retreated, while 27 remained unchanged.


Trading volume climed to the highest level this year as 134.9 million shares worth nearly VND3.28 trillion changed hands.


Saigon Thuong Tin Commercial Bank or Sacombank (STB) won the position of most active share in volume with 14.87 million shares changing hands.


It was followed by Saigon Securities Inc. (SSI), the country’s largest brokerage, with 10.58 million shares traded.


Vietnam Export Import Commercial Joint Stock Bank or Eximbank (EIB) came in third with 7.44 million shares.


Joint Stock Commercial Bank for Foreign Trade of Vietnam or Vietcombank (VCB) plummeted 13.49 percent to trade at VND29,500. The lender will issue 436,382,579 additional shares to its current shareholders at a ratio of 100:33.


Other losers on the southern market included Danang Rubber Joint Stock Company (DRC), House Viet Nam Joint Stock Company (NVN), and sweets producer Bibica Corporation (BBC).


Food and cosmetics producer S.P.M Corporation (SPM) rebounded 4.92 percent to VND64,000 from VND61,000 the previous day.


Viet Thang Aquafeed Joint Stock Company (VTF) capped its four-day losing streak, rallying 4.9 percent to VND15,000.


Thanh Cong Textile Garment Investment Trading Joint Stock Company (TCM) hiked for four consecutive days, closing up 4.87 percent to VND23,700.


The Hanoi’s HNX-Index slumped 1.77 percent, or 2.15 points, to close at 119.61 points. Nearly 111 million shares changed hands at a value of VND2.26 trillion.


Meanwhile, the UPCom-Index inched up by 0.59 points to 41.93 points this morning. Around 0.3 million shares changed hands at a value of VND3.56 billion as of 11:15 am local time.

Source: SGGP

VN-Index corrects but stays below 500

In Uncategorized on July 15, 2010 at 1:11 pm

Movement of VN-Index on July 8. (Photo: Vietstock.vn)Vietnam’s benchmark VN-Index recovered on July 8 as global stock markets rallied. However, it did not surpass the 500 mark over concern that global markets would make sharp correction after big gains.

The shares of 246 companies and four mutual funds listed on the Ho Chi Minh Stock Exchange finished at 498.55 points, climbing 1.64 points, or 0.33 percent.


Low buying demand pushed down liquidity on trading floor to 42.4 million shares, worth VND1.16 trillion.


On the index, 100 stocks gained, 87 fell, and 63 were unmoved.


Sugar producer Société De Bourbon Tay Ninh (SBT), with 1.97 million shares changing hands, took the top spot with most active shares in volume, replacing Saigon Thuong Tin Commercial Bank or Sacombank (STB), which came in second today with 1.59 million shares.


PetroVietNam Transportation Corporation (PVT) followed with 1.28 million shares traded.


Construction and Materials Trading Joint Stock Company (CNT) advanced for second consecutive day, gaining 4.95 percent to VND33,900.


From July 9 to September 9, Tran Cong Quoc Bao, deputy general director of Construction and Materials Trading Joint Stock Company (CNT), registered to sell 20,000 shares, reducing his holdings to 15,610 shares, claiming personal financial need.


Godaco Seafood Joint Stock Company (AGD) rose 4.94 percent, going from VND38,500 to VND40,400.


Electronic consumer products manufacturer Son Ha International Corporation (SHI) added 4.9 percent.


Ha Tien Transport Joint Stock Company (HTV) capped its winning streak of seven straight trading sessions, losing the maximum allowed limit of 5 percent to fall to VND22,800.


Dinh Vu Port Investment & Development Joint Stock Company (DVP) fell 4.89 percent to VND38,900.


Cao Thi Thuy Van, wife of Pham Hong Minh – member of Board of Directors of Dinh Vu Port Investment & Development Joint Stock Company (DVP), sold 2,000 shares between May 5 and June 5 without making an announcement.


Danang Construction Building Materials and Cement Joint Stock Company (DXV) gave up 4.87 percent.


Hanoi’s HNX-Index gained 0.49 points, or 0.32 percent, to end at 155.58. Trading volume was just around 27.12 million shares, worth VND851.22 billion.


The UPCoM-Index of the unlisted shares shrunk 1.81 points to 54.99 as of 11 am local time. A total of 468.557 shares were traded at a value of VND8.36 billion.

Source: SGGP

VN-Index corrects after big gain

In Uncategorized on July 15, 2010 at 1:10 pm

Movments of VN-Index on July 14. (Photo: vietstock.vn)The VN-Index finished in the red on July 14 as investors’ bullishness gradually eroded during the trading session.

The shares of 246 companies and four mutual funds listed on the Ho Chi Minh Stock Exchange finished at 507.34 points, dipping 0.34 percent, or 1.74 points.


Of the index, 61 stocks gained, 149 fell, while 40 remained unchanged.


Liquidity on the city bourse increased by 15 percent over the previous session as trading volume reached 53.2 million shares, valued at VND1.58 trillion.


Dong Hai Joint Stock Company of Ben Tre (DHC) lost 14.78 percent to end at VND19,600.


The State Securities Commission of Vietnam allowed the company to issue 4,999,969 additional shares to increase its chartered capital to nearly VND150 billion. The shares will be sold to its current shareholders at a price of VND10,000 per share at a ratio of 2:1.


Chuong Duong Beverages Joint Stock Company (SCD) fell 4.95 percent to VND28,800.


Ha Tien Transport Joint Stock Company (HTV) declined 4.85 percent to VND21,600.


Saigon Thuong Tin Commercial Bank or Sacombank (STB) and Saigon Securities Inc. (SSI) remained in the top two positions of most active share by volume with 2.98 million shares and 2.28 million shares changing hands respectively.


Ocean Group Joint Stock Company (OGC) was next with 2.08 million shares being traded.


House Viet Nam Joint Stock Company (NVN) shot up 4.97 percent to VND38,000.


Hanoi-based Vinafco Joint Stock Corporation (VFC) climbed 4.95 percent to VND15,000.


From July 13 to September 13, Nguyen Thi Thu Ha, member of Board of Directors of Vinafco Joint Stock Corporation (VFC), registered to sell 50,000 shares, sending her holdings to 77,790 shares, for family expenses.


From June 28 to 30, Nguyen Thi Thu Hien, sister of Nguyen Thi Thu Ha – member of Board of Directors of Vinafco Joint Stock Corporation (VFC) registered to sell 10,000 shares and sold 2,000 shares.


From July 13 to September 13, Ms. Hien will sell 8,000 shares for family expenses.


Hoang Long Group (HLG) added up 4.85 percent to VND36,500 from VND34,800 yesterday.


From May 10 to July 9, Pham Thuy An, daughter of Pham Phuc Toai – chairman of Hoang Long Group (HLG), sold 200,000 shares, reducing her holdings to 805,000 shares, for personal expenses.


From May 13 to July 5, Chau Minh Dat, member of Board of Directors of Hoang Long Group (HLG), had registered to sell 24,000 shares and sold 14,000 shares.


In contrast, Hanoi-based HNX-Index rose 0.52 points, or 0.32 percent, to close at 162.42. Around 52.27 million shares, worth VND1.46 trillion, were traded.


The UPCoM-Index of unlisted stocks sank 0.06 points to 57.8. A total of 472,007 shares changed hands at VND8.11 billion.

Source: SGGP