Large-cap stocks also varied as their tracker VN30-Index was up only 0.20 per cent with 18 of the 30 largest stocks by market value and trading liquidity declining. … [Read more...] about Shares struggle, profit taking pressure mounts
Profit taking
Profit taking sends stock market down
Facing the same fate, selling pressure sent the HNX-Index of the Hanoi Stock Exchange dipping by 1.6 points, or 1.45%, against the session earlier, to 108.89. Many large-cap stocks, including lenders ACB and SHB, industrial company VCS and gas firm PVS, were among key drags on the northern market. … [Read more...] about Profit taking sends stock market down
Selling, oil prices take down local stocks
Among the worst decliners were Bank for Investment and Development of Vietnam (BID), VPBank (VPB), steel producer Hoa Phat (HPG), real estate firm Vincom Retail (VRE), Vietinbank (CTG) and insurer Bao Viet Holdings (BVH), … [Read more...] about Selling, oil prices take down local stocks
Petrolimex pockets hefty first-quarter loss as oil takes a plunge
The huge provisioning for unsold stock contributed to the heavy loss Petrolimex suffered in the first quarter According to its consolidated business results for the first quarter, Petrolimex raked in VND38.5 trillion($1.67 billion) in net revenue from sales and service provision, down 3.5 per cent on-year. … [Read more...] about Petrolimex pockets hefty first-quarter loss as oil takes a plunge
The essentials of an essential oil company in Vietnam
Though Thuy was faced with low sales at the beginning of her career, as well as problems with sourcing raw materials and marketing her products, she has not let that stop her from continuing to develop original products that can outshine the competition. … [Read more...] about The essentials of an essential oil company in Vietnam
