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Archive for the Category ‘Markets’

The association of listed organizations, when?

The association of listed organizations, when?

Five years ago, the Club of Listed Organizations proposed the management agency to be allowed into the Association of Listed Organizations. However, the watchdog agency has kept silent to the proposal.
The club of listed organizations, which gathers companies and organizations that list their shares on the stock market, was established in 2005. However, just a [...]

Corporate bonds seen as effective financing source for developers

Corporate bonds seen as effective financing source for developers

For most property developers, where and how to raise enough funds to develop their projects is challenging. They currently have to seek capital through bank loans, and cooperation with strategic partners and homebuyers.
Le Chi Si, director of strategy for Thu Duc Housing Development Corporation, also known as Thuduc House, highlighted the important role of capital [...]

Dreary Trade on UPCoM, OTC Markets

Dreary Trade on UPCoM, OTC Markets

The new continuous matching system on the unlisted market for public firms (UPCoM) has not lived up to investor hopes as seven consecutive sessions have hurt the index, taking it down 10%.
The UPCoM-Index hit 53.03 points on Tuesday and liquidity on the market has fallen one-third to about 800,000 shares per session.
According to securities companies, [...]

Within means

Within means

With demand for housing for low-incomes continuing to rise, capital mobilisation for such projects has become the focus of government efforts.
According to recent figures from the Ministry of Construction (MoC) there are some 7 million people living in urban areas with demand to rent or buy social housing. The total requirement is 150 million sq [...]

Stocks rise as session closes

Stocks rise as session closes

The shares on the Ho Chi Minh Stock Exchange swam upstream at the end of the July 29 trading session to finish a tad higher than on Wednesday amid investor hesitancy to buy stocks at lower prices.
VN-Index, which tracks 250 companies and four mutual funds, inched up 0.02 percent, or 0.11 points, to close at [...]

VN Index and HNX index reverse to rise

VN Index and HNX index reverse to rise

The stocks regained the balance after the extraordinary point-losing session yesterday. The green colour returned, however, the market ended flat after today session.
After the trading session, the VN Index reversed to increase by 0.11 point or 0.02 percent to close at 491.11 points. The market liquidity remained at low level with over 35 million shares [...]

Gold sinks to three-month low

Gold sinks to three-month low

The price of gold in Vietnam dropped by VND250,000 a tael (1.2 ounces) over the previous day on July 28 after the global price lost 1.7 percent.
Saigon Jewelry Co. bought the metal at VND27.7 million and sold at VND27.77 million.
At Sacombank Jewelry Co., gold was bought at VND27.76 million and sold at VND27.8 million.
However, the [...]

Ha Noi exchange agrees co-operation

Ha Noi exchange agrees co-operation

The Ha Noi Stock Exchange signed a co-operation contract with Taiwan’s Gretai Stock Exchange to develop new products for equity markets. The deal is also designed to promote joint administrative training courses.
The exchanges also plan to update one another on ways to better meet customer demand.

Patience with market wears thin

Patience with market wears thin

Despite strong rallies on Asian stock markets yesterday, the benchmark on the VN-Index dropped 1.34 per cent to close yesterday’s session at 491 points, a two-month low.
On the HCM City Stock Exchange, the volume of the day’s trade increased by 9 per cent to 46.68 million shares, worth a combined VND1.38 trillion (US$72.6 million).
Investors lost [...]

July 29: UC-Index rallies from ninth day sliding

July 29: UC-Index rallies from ninth day sliding

Along with HO and HNX bourse, the UPCoM-Index, the measure of 85 unlisted public companies, begins reviving slightly on July 29 although trading volume is still lower than previous day.
Closing the market, UC-Index gained 0.44 points, or +0.84 %, to close at 52.58 points. The market volume totaled 575.640 shares valued at VND10.92 billion, lower [...]