Blue chips gained ground on the HCM City Stock Exchange on April 12, assisting the VN-Index to an eight straight session of gains. The Index closed up by nearly half-a-percent o 519.93 points.
The value of trades remained brisk, at nearly 2.1 trillion VND (109 million USD), on a volume of 53.3 million shares.
HCM City Infrastructure and Investment Co (CII) was the most –active shares on the HCM City market, however, with a volume of 3.19 million, following a liquidation of its shares by two strategic partners, Amersham Industry Ltd and the Vietnam Dragon Fund.
The sell-off of over 440 billion shares is being carried out over a two-month period that began April 9. CII shares on April 12 closed up 4.46 percent to 42,200 VND.
On the Hanoi Stock Exchange on April 12, the HN-Index rose by 0.23 percent to 171.23 points, on a volume of 52.9 million shares, worth a total of 1.7 trillion VND (90 million USD).
Petro Vietnam Construction (PVX) was the most-active share nationwide, with over 12 million traded, following the company’s announcement that it would close registration for its offer of additional shares on April 23. The issue is part of a plan by PVX to increase charter capital from 1.5 trillion VND (78.9 million USD) to 2.5 trillion VND (131.6 million USD).
Foreign investors on April 12 reduced their activity on the southern bourse, picking up only 850,220 shares and becoming net buyers of just 75.5 billion VND (about 4 million USD) worth of shares. They were net sellers on northern market by a net of just 50,700 shares, worth just over 1.5 billion VND (79,000 USD)./.
The value of trades remained brisk, at nearly 2.1 trillion VND (109 million USD), on a volume of 53.3 million shares.
HCM City Infrastructure and Investment Co (CII) was the most –active shares on the HCM City market, however, with a volume of 3.19 million, following a liquidation of its shares by two strategic partners, Amersham Industry Ltd and the Vietnam Dragon Fund.
The sell-off of over 440 billion shares is being carried out over a two-month period that began April 9. CII shares on April 12 closed up 4.46 percent to 42,200 VND.
On the Hanoi Stock Exchange on April 12, the HN-Index rose by 0.23 percent to 171.23 points, on a volume of 52.9 million shares, worth a total of 1.7 trillion VND (90 million USD).
Petro Vietnam Construction (PVX) was the most-active share nationwide, with over 12 million traded, following the company’s announcement that it would close registration for its offer of additional shares on April 23. The issue is part of a plan by PVX to increase charter capital from 1.5 trillion VND (78.9 million USD) to 2.5 trillion VND (131.6 million USD).
Foreign investors on April 12 reduced their activity on the southern bourse, picking up only 850,220 shares and becoming net buyers of just 75.5 billion VND (about 4 million USD) worth of shares. They were net sellers on northern market by a net of just 50,700 shares, worth just over 1.5 billion VND (79,000 USD)./.
