Capital mobilisation via stock market halves

The State Securities Commission (SSC) released that the raised capital via stock markets in Q1 of 2011 has reduced by 50 percent against the same period of 2010 and by 70 percent against that of 2009. The statistics showed that up toMarch 22, 2011, the total bond bidding value was posted at 16.942 trillion dong, raised capital via share issuance of 3.816 trillion dong and capitalisation of over 81 billion dong.

The bank’s high interest rates caused the unsuccessful G-bond issuance in late February and March. The stock indexes continued declining and remained unstable. It was predicted that there would be much difficulty in the stock markets in 2011, resulting in the fact that many enterprises decided to cancel or postpone issuing additional shares to raise chartered capital. – Dautuchungkhoan

Tags: vietnam stock, Vietnam stock market, VNindex

Posted by VBN on Apr 5 2011. Filed under Stock. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry