Most of the 13 new listed companies on the Hanoi Stock Exchange and ninenew others on the Hochiminh Stock Exchange performed well after listingthis year.
The Bank for Investment and Development of Vietnam(BID) in HCM City had the greatest value, with 2.81 billion shares outof the total 3.17 billion new shares, accounting for five percent of thetotal market capitalisation.
Apart from the firms operating inthe fields of manufacturing, agricultural products, energy and finance,the market also welcomed the first domestic exchange-traded fund – theVFMVN30.
Mobile World (MWG) possibly wrote the most successfulstory, which featured a charter capital jump from 627 billion VND to1.12 trillion VND (from 29.86 million USD to 53.33 million USD) to inless than six months. It remains in the top 10 list of stocks in termsof market price and closed the December 23 session at 104,000 VND (4.95USD).
Tri Viet Management Investment is another typical example.It increased by nearly 100 percent in price despite having been listedfor only three months.
Other stocks to soar around 100 percentsince listing include Nam Dinh Foodstuff and Agricultural Products(NDF), Thong Nhat Production and Investment (GTN) and Visacom Mineral(VMI).
Many of the companies planned to issue additional sharesto raise capital following their listing success. These include MWG,NDF, VMI and CEO Investment (CEO).
However, some companies didnot succeed as much as their counterparts. These businesses are Bac AMetallurgy and Mineral (BAM), Petrolimex Installation No 3 (PEN), VietThai Electric Cable (VTH) and Ninh Binh Phosphate Fertiliser (NFC).
NFC has notably not seen any shares traded since mid-October.-VNA
The Bank for Investment and Development of Vietnam(BID) in HCM City had the greatest value, with 2.81 billion shares outof the total 3.17 billion new shares, accounting for five percent of thetotal market capitalisation.
Apart from the firms operating inthe fields of manufacturing, agricultural products, energy and finance,the market also welcomed the first domestic exchange-traded fund – theVFMVN30.
Mobile World (MWG) possibly wrote the most successfulstory, which featured a charter capital jump from 627 billion VND to1.12 trillion VND (from 29.86 million USD to 53.33 million USD) to inless than six months. It remains in the top 10 list of stocks in termsof market price and closed the December 23 session at 104,000 VND (4.95USD).
Tri Viet Management Investment is another typical example.It increased by nearly 100 percent in price despite having been listedfor only three months.
Other stocks to soar around 100 percentsince listing include Nam Dinh Foodstuff and Agricultural Products(NDF), Thong Nhat Production and Investment (GTN) and Visacom Mineral(VMI).
Many of the companies planned to issue additional sharesto raise capital following their listing success. These include MWG,NDF, VMI and CEO Investment (CEO).
However, some companies didnot succeed as much as their counterparts. These businesses are Bac AMetallurgy and Mineral (BAM), Petrolimex Installation No 3 (PEN), VietThai Electric Cable (VTH) and Ninh Binh Phosphate Fertiliser (NFC).
NFC has notably not seen any shares traded since mid-October.-VNA
