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Posts Tagged ‘wrap’

Stocks wrap week with happy ending

In Uncategorized on December 17, 2010 at 7:56 am

Vietnam’s benchmark VN-Index rebounded on December 17 to end week in green, thanked to high demand and good news.

The Ministry of Industry and Trade announced that it would not raise gasoline prices until the end of Tet holidays.

The shares of 272 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange revived 1.06 percent, or 5.08 points, to close at 485.29 points.

On the benchmark, 215 stocks leaped forward, 32 dropped, while 30 treaded water.

Trading volume slightly fell over the previous trading session. Around 74.15 million shares changed hands at a value of VND1.8 trillion.

Tan Tao Investment Industry Corporation (ITA) topped the list of most active shares in volume for the second day with 4.82 million shares changing hands.

Quoc Cuong Gia Lai Joint Stock Company tagged along with 4.12 million shares traded, followed by Saigon Securities Inc. (SSI), the country’s largest brokearge, with 3.85 million shares.

Winners on the city bourse included sweets producer Bibica Corporation (BBC), Investment and Trading of Real Estate Joint Stock Company (ITC), Song Da Urban & Industrial Zone Investment and Development Joint Stock Company (SJS), and Tai Nguyen Corporation (TNT). They all climbed up the daily maximum allowed limit of 5 percent.

Construction company Lilama 10 Joint Stock Company (L10) pared its three-day losing streak, growing 4.98 percent to VND23,200.

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

Vincom Joint Stock Company (VIC) collapsed for second day, erasing 4.9 percent to VND97,000.

Materials – Petrolium Joint Stock Company (COM) descended 4.88 percent to VND35,100.

Transforwarding Warehousing Joint Stock Corporation (TMS) went down 4.83 percent to VND27,600.

Meanwhile, the Hanoi’s HNX-Index jumped 3.7 percent, or 4.27 points, to close at 119.7 points. Around 57.4 million shares changed hands at VND1.11 trillion.

The UPCom-Index also inched up by 0.43 points to 41.46 points this morning. A total of 234,275 shares changed hands at a value of VND3.35 billion.

Source: SGGP

Markets wrap week in bullish sentiment

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

VN-Index inches up to wrap week in green

In Uncategorized on June 18, 2010 at 12:23 pm

Movement of Vietnam’s benchmark VN-Index from June 14 to June 18. (Photo: Vietnam’s benchmark VN-Index slightly rose on June 18 as the US stock markets and some emerging markets rallied yesterday.

The index of 236 companies on the Ho Chi Minh Stock Exchange wrapped week at 511.18 points, gaining 0.42 points, or 0.08 percent.

There were 84 stocks advanced, 105 declined, and 51 remained unchanged. Around 63.45 million shares changed hands, valuing VND1.61 trillion.

PetroVietnam Transportation Corporation (PVT) drew most attention of investors as it topped the list of most active share in volume with more than 2.33 million shares changing hands.

Ocean Group Joint Stock Company (OCG) was next with nearly 2.12 million shares being traded.

PetroVietnam Fertilizer and Chemicals Corporation (DPM) came in third with 1.92 million shares.

South Logistics Joint Stock Company (STG) extended its winning streak for seven consecutive trading sessions, closing up 4.99 percent to VND44,200.

Vietnam Electricity Construction Joint Stock Corporation (VNE) rose 4.98 percent to VND25,300.

Dong Hai Joint Stock Company of Ben Tre (DHC) added up 4.96 percent to VND25,400.

Bao Viet Holdings (BVH) lost the daily maximum allowed limit of 5 percent to VND41,800.

620 Chau Thoi Concrete Corporation (BT6) gave up 4.94 percent to VND77,000.

H.A.I Joint Stock Company (HAI) declined 4.52 percent to trade at VND31,700.

The smaller bourse in the north also performed well as the Hanoi’s HNX-Index climbed 1.1 points, or 0.68 percent, to 163.35 points. Trading volume reached 44 million shares, worth VND1.37 trillion. Foreign investors shifted to net selling from net buying with a total value of VND7.31 billion.

The UPCoM-Index slid 0.03 points to 45.94. Around VND4.34 billion were spent to trade 213,341 shares.

Globally, Dow Jones Industrial Average index advanced 0.24 percent. Nasdaq Composite Index inched up 0.05 percent. S&P 500 index gained 0.13 percent.

Hong Kong’s Hang Sheng index rose 0.75 percent. Meanwhile, Japan’s Nikkei 225 index slid 0.04 percent. China’s Shanghai Composite index dropped 0.92 percent.

Source: SGGP

HCM City-Can Tho rail route to wrap up in 2020

In Uncategorized on October 3, 2008 at 3:36 pm

HCM City (VNA) – A new railway line linking Ho Chi Minh City and the Cuu Long (Mekong) Delta province of Can Tho will become operational in 2020, under a major project initiated by the Ministry of Transport.

The rail route will be 150-200 km long, and could be a direct link with no stop in between, as suggested by the Southern Transport Research and Development Centre.

The centre has also called for an early announcement about site clearance for the railway, so residents will have enough time to prepare for resettlement.

The railroad is part of a plan to develop multiple links between HCM City and Can Tho, including roads and waterways.

Road links envisaged by the plan will have Highway 1A and a new expressway linking the city and the province by 2010.

Many wasterway routes connecting HCM City with the southernmost province of Ca Mau , Kien Giang province’s Kien Luong district and Long An province’s Moc Hoa district are also expected to open in 2010.

Planners are hopping the opening of several routes by road, water and rail between the city and the Mekong Delta province’s will help develop transportation in the region, ease traffic congestion and promote commerce.

They expect that by 2020, transportation of goods by waterways will account for 50 percent, by roads, 35 percent and by railway, 15 percent.

Passengers using road routes will make up 63 percent, and those using the railway and waterways will account for 30 percent and 7 percent respectively.-