Vietnam Stock Market News

Vietnam Financial News

Vietnam’s stocks: PetroVietnam Drilling, Huu Lien Asia   2009-10-19 - Bloomberg

Vietnam’s benchmark VN Index, a measure of 178 companies on the Ho Chi Minh City Stock Exchange fell 0.4 percent to 607.11. Among the index members, 80 advanced, 83 dropped and 13 remained unchanged.

 

 

Huu Lien Asia Corp. (HLA VN), that manufactures steel pipe and stainless steel pipe, dropped 3.2 percent to VND45,000. The Ho Chi Minh City-based company will sell about 4.75 million shares in December to raise its registered capital, according to a statement on the exchange’s website. The statement didn’t provide the company’s current capital nor the amount of money it plans to raise.

Investment and Trading of Real Estate Joint-Stock Co. (ITC VN) rose to VND66,000 on the first day of trading on the exchange. The company started trading about 23 million shares with an initial price of VND55,000, according to a statement on the exchange’s website.

National Seed Joint-Stock Co. (NSC VN), which exports products such as rice seeds, slid 1.8 percent to VND53,500. The company plans to list an extra 2.25 million shares on Oct. 21, it said in a statement filed on the exchange’s website.

PetroVietnam Drilling & Well Services Joint-Stock Co. (PVD VN), the country’s biggest listed oilfield service provider, fell 1 percent to VND96,000. The company will start trading 25.7 million additional shares on the Ho Chi Minh City Stock Exchange from Tuesday, according to a statement on the bourse’s website.

Thac Ba Hydropower Joint-Stock Co. (TBC VN), which is engaged in the hydropower manufacturing industry, started trading 63.5 million shares on the Ho Chi Minh City Stock Exchange Monday after moving from the Hanoi Stock Exchange. The stock closed at VND30,400, a decline of 3.5 percent from an initial price of VND30,300.


Other Financial News

Investment prospect in seafood shares   2009-10-19

Vietnam stocks: Mekong Fisheries, Ben Tre, Tan Tien Plastic   2009-10-05

Market rallies on good corporate, global news   2009-09-14

HCMC stocks see 'correction'   2009-09-10

VN-Index edges down, but may advance on economic data: broker   2009-09-05

Vietnam stock market outperformance may end, Credit Suisse says   2009-09-03

VN-Index starts new month on positive note   2009-09-02

Stocks advance on brighter economic prospects   2009-08-31

VN-Index goes past 540 despite fuel price hikes, Asian losses   2009-08-31

Foreign investment in Vietnam stocks $5 bln   2009-08-29

Blue-chip sell-off drags market down   2009-08-26

Markets gain on strike in trading   2009-08-24

HNX-Index Rises, Led by US Rally   2009-08-19

Banks moving to list shares on HCM City exchange   2009-08-17