Stock indices returned to positive territory on Serpt.9, following amessage from the State Bank of Vietnam that it would revise strictnew rules on the capital adequacy ratio of commercial banks.
The State Bank announced on Sept 8 that it would revise regulations inthe controversial Circular No 13 on commercial bank equity and capitaladequacy ratios, in compliance with a Government instruction issued latelast month to review the circular.
The VN-Index responded with a gain on the fallowing day of 1.14 percent, closing the session at 463.68 points.
Trading on the HCM City Stock Exchange remained modest, with a volumeof 47.7 million shares, down 12.8 percent from the previous session.
The value of trades reached just 1.2 trillion VND (61.5 million USD).
Vietnam Ocean Shipping Co (VOS), which listed 140 million shares on theHCM City market on Sept 8, was the most-active share, with 2.8million sold.
Among 184 gainers on the southern market, anumber of penny stocks rose to their ceiling prices, including BinhThanh Import-Export and Trade (GIL), HCM City Metal Corp (HMC) and NariHamico Mineral Corp (KSS).
Meanwhile, banking sharesunderperformed despite the supporting news from the State Bank.Sacombank (STB) and Eximbank (EIB) each rose by about 1.5 percent, whileVietinBank (CTG) closed up by 0.5 percent. Vietcombank (VCB) continuedto decline, meanwhile, dropping by 0.26 percent.
On theHanoi Stock Exchange, the HNX-Index rebounded by a more notable 2.75percent to a close of 136.24 points, on a total volume of 47 millionshares.
The value of trades reached 1.2 trillion VND (61.5million USD), with PetroVietnam Construction (PVX) leading the sessionwith a volume of 5.3 million shares.
Foreign investorswere net buyers on both bourses during the day, picking up a total 1.55million shares worth 64.2 billion VND (3.3 million USD)./.
The State Bank announced on Sept 8 that it would revise regulations inthe controversial Circular No 13 on commercial bank equity and capitaladequacy ratios, in compliance with a Government instruction issued latelast month to review the circular.
The VN-Index responded with a gain on the fallowing day of 1.14 percent, closing the session at 463.68 points.
Trading on the HCM City Stock Exchange remained modest, with a volumeof 47.7 million shares, down 12.8 percent from the previous session.
The value of trades reached just 1.2 trillion VND (61.5 million USD).
Vietnam Ocean Shipping Co (VOS), which listed 140 million shares on theHCM City market on Sept 8, was the most-active share, with 2.8million sold.
Among 184 gainers on the southern market, anumber of penny stocks rose to their ceiling prices, including BinhThanh Import-Export and Trade (GIL), HCM City Metal Corp (HMC) and NariHamico Mineral Corp (KSS).
Meanwhile, banking sharesunderperformed despite the supporting news from the State Bank.Sacombank (STB) and Eximbank (EIB) each rose by about 1.5 percent, whileVietinBank (CTG) closed up by 0.5 percent. Vietcombank (VCB) continuedto decline, meanwhile, dropping by 0.26 percent.
On theHanoi Stock Exchange, the HNX-Index rebounded by a more notable 2.75percent to a close of 136.24 points, on a total volume of 47 millionshares.
The value of trades reached 1.2 trillion VND (61.5million USD), with PetroVietnam Construction (PVX) leading the sessionwith a volume of 5.3 million shares.
Foreign investorswere net buyers on both bourses during the day, picking up a total 1.55million shares worth 64.2 billion VND (3.3 million USD)./.
