Ho chi minh stock exchange

On the other side, many pillar stocks lost momentum and put great pressure on the market such as Vinamilk (VNM), Vietjet (VJC), Vinhomes (VHM), Techcombank (TCB), SSI Securities Incorporation (SSI), Sabeco (SAB), Phu Nhuan Jewelry (PNJ), PVPower (POW), Mobile World Group (MWG), PetroVietnam Gas JSC (GAS) and Hoa Phat Group (HPG). … [Read more...] about Shares struggle to stay positive, real estate stocks spur market

According to SHS statistics, oil and gas stocks fell the most with notable losers of Viet Nam National Petroleum Group (PLX) decreasing 3.7 per cent, PetroVietnam Oil Corporation (OIL) falling 2.5 per cent, PetroVietnam Drilling & Well Services Corporation (PVD) down 2.7 per cent, PetroVietnam Technical Services Corporation (PVS) falling 2.4 per cent, PetroVietnam Gas JSC (GAS) dropping 3.8 per cent and PV Power (POW) declining 3.8 per cent. … [Read more...] about Varying forecasts for stock market, plenty of opportunities for investors

Amid the COVID-19 pandemic, rating agency Moody’s has kept its B1 rating for HDBank, acknowledging that the Vietnamese lender has progressed well to improve the quality of assets and capital competency, and make sustainable profitability. … [Read more...] about HDBank keeps foreign ownership cap at 21.5%

Heavy selling pressure was seen across the board and increased in the last few minutes of the trading session, hitting many blue chips, including VPBank (VPB), dropping 4.1 per cent, Mobile World Group (MWG), down 4 per cent, Thanh Thanh Cong - Bien Hoa Joint Stock Company (SBT), decreasing 3.8 per cent, Vietinbank (CTG), declining 3.8 per cent and Bank for Investment and Development of Viet Nam (BID), losing 3.6 per cent. … [Read more...] about Shares sink on selling pressure

HCM City (VNA) – The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has decided to raise the foreign ownership cap from 22.4951 percent to 22.5076 percent of its charter capital. The move aimed to enable its foreign employees to purchase 439,000 shares of the bank, coded TCB, via share transfers, according to the Ho Chi Minh Stock Exchange. At the end of the September 7 trading session, TCB was traded at 21,200 VND (0.9 USD) per share. As a result, the 439,000 shares were valued at some 9.3 billion VND. Earlier, at its annual shareholders’ meeting, Techcombank had agreed to raise its charter capital from over 35.001 trillion VND to 35.049 trillion VND by issuing more than 4.7 million shares to employees. This plan is expected to be carried out in the third or fourth quarter of 2020. The firm said providing employees with bonus shares is an important policy helping to promote its internal strength and staff’s loyalty. Techcombank posted 6.7 … [Read more...] about Foreign ownership cap raised at Techcombank