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Posts Tagged ‘HOSE’

Trading value on HOSE peaks six-month high

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

Vietnam’s benchmark VN-Index slightly surged on December 6, extending its winning streak to three straight days thanked to robust demand. Trading value on the city bourse reached a six-month high.

The gauge of of 270 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange edged up 0.26 percent, or 1.21 points, to close at 465.56 points.

Among the index members, 168 climbed, 55 dropped, while 52 remained flat.

Trading volume on the city bourse topped 96.78 million shares worth VND2.39 trillion, the highest level since May.

Saigon Securities Inc. (SSI), the country’s largest brokerage, led the list of most active shares in volume with 7.15 million shares changing hands.

It was followed by Refrigeration Electrical Engineering Corporation (REE) with 5.4 million shares traded.

Saigon Thuong Tin Commercial Bank or Sacombank (STB) came in third with 4.27 million shares changing hands.

Dong Nai Roofsheet and Construction Material Joint Stock Company (DCT), LICOGI 16 Joint Stock Company (LCG), Long Giang Investment and Urban Development Joint Stock Company (LGL), Viet Nhat Seafood Corporation (VNH), and MTGas Joint Stock Company (MTG) were the biggest winners on southern market. They all enhanced the daily maximum allowed limit of 5 percent.

Sonadezi Long Thanh (SZL) advanced the fifth consecutive day, accelerating 4.98 percent to VND23,200.

Thu Duc Housing Development Corporation (TDH) rallied 4.97 percent to trade at VND33,800.

Royal International Corporation (RIC) plunged 4.93 percent to VND13,500.

Vien Dong Pharmaceutical Joint Stock Company (DVD) retreated 4.9 percent to VND48,500.

Viet Nam Golf Tourism Joint Stock Company (VNG) slipped 4.76 percent to VND16,000.

Meanwhile, the Hanoi’s HNX-Index added up 0.35 percent, or 0.41 points, to close at 117.07 points. Trading volume rose to 87.76 million shares, the highest level since the establishment of this index. However, trading value which was worth VND1.76 trillion was much lower than the record high of VND2.93 trillion set on May 7.

The UPCom-Index increased by 0.34 points to 43.3 points this morning. A total of 261,500 shares changed hands at a value of VND2.79 billion.

Source: SGGP

HOSE continues to cooperate with Thailand SE

In Uncategorized on June 21, 2010 at 12:41 pm

The Ho Chi Minh Stock Exchange (HOSE) and the Stock Exchange of Thailand (SET) have agreed to collaborate for three more years to extend activities to monitor stock markets and promote business opportunities for them and listed companies.

They will allow joint venture companies between Vietnam and Thailand to double, and exchange-traded funds to be cross-listed based on the indexes of HOSE and SET.

A memorandum of understanding will be signed on June 22 in the highland city of Dalat, Lam Dong Province.

Source: SGGP

Container shipping firm list shares on HOSE

In Uncategorized on September 18, 2008 at 6:04 pm

The South Vietnam Container Shipping Joint Stock Company (Viconship Saigon) on Sept. 18 listed more than 11 million shares on the Ho Chi Minh Stock Exchange (HOSE).

The shares, coded VSG, were traded at 20,000 VND (around 1.2 USD) per unit on the first trading session.

Viconship Saigon is the stock exchange’s 160th member, right after the Cuu Long pharmaceutical company (Pharimexco) that went on bourse on Sept. 17.

Viconship Saigon has a charter capital of 110.44 billion VND (6.7 million USD), 30 percent of which is owned by the State represented by the Vietnam Shipping Corporation (Vinalines).

HOSE Deputy General Director Le Nhi Nang said all 160 firms listed at the bourse are currently valued at 200 trillion VND (over 12 billion USD).-

HoSE welcomes 159th member

In Uncategorized on September 17, 2008 at 11:01 am

HCM City (VNA) – Cuu Long pharmaceutical company (Pharimexco), coded DCL, listed its shares on the Ho Chi Minh Stock Exchange (HoSE) on Sept. 17, becoming HoSE’s 159 th member.

With a charter capital of 81 billion VND, Pharimexco is the country’s first pharmeceutical company to meet three quality standards, namely GMP, GLP and GSP.

It is also the first company to run a capsule production factory following the North American technology. Pharimexco’s products are being exported to some ASEAN and African countries.

The company targets to become one of the countries’ leading companies in production and trade of pharmaceutical products and medical equipment, aiming to earn a revenue of 1 trillion VND by 2010.-

State Bank allows PVFC to list on HOSE

In Uncategorized on September 14, 2008 at 4:07 pm

PetroVietnam Finance Corporation (PVFC), the financial arm of petrol giant PetroVietnam, has received the State Bank of Vietnam ’s approval to list shares on the Ho Chi Minh Stock Exchange (HOSE).

The decision came on September 10 and noted the corporation must also receive permission from the management board of the HCM Stock Exchange (HOSE) for this listing.

PVFC’s spokesman Tran Van Hoa said the corporation was carrying out the final procedures for the listing.

”The listing is expected to be implemented in early October,” said Hoa. However, he did not say how many shares would be listed or their offering price.

According to the domestic press, the corporation could list all of its chartered capital of 5 trillion VND (303.03 million USD) after receiving permission from HOSE.

PVFC made its initial public offerings (IPO) last September. The average winning price of its share was 70,600 VND a piece. The finance corporation has successfully worked with US-based financial group Morgan Stanley, which is PVFC’s sole strategic partner.

PVFC has recently inked a deal for PetroVietnam Oil (PV Oil) to implement capital management services at PV Oil. Under the deal, the finance corporation is allowed to use part of the capital in PV Oil’s non-resident account to invest in PVFC’s projects.

The finance institution must also pledge to pay a higher interest than that offered for non-resident accounts by commercial banks, and ensure enough capital to PV Oil from this account.

This service which PVFC will provide to PV Oil by the end of 2009, is regarded as an effective use of idle capital in non-resident accounts.

In the first eight months of this year, PVFC earned a pre-tax profit of 352 billion VND (21.3 million USD), as well generating a turnover of 2.45 trillion VND.-