SHB: SaHaBank: Saigon Hanoi Commercial Joint Stock Bank

Saigon Hanoi Commercial Joint Stock Bank

Saigon Hanoi Commercial Joint Stock Bank News:

• HNX Index drops to 132.25 point
  Shares on the Hanoi Stock Exchange opened in a high note but soon returned to the negative territory as the waning liquidity eroded the investor confidence in a rebound although the market benchmark was about 16-month low. The money flow for equity market seemed to be tight as investors lacked confidence in the immediate rebound, traders said.
• HNX-Index Sinks Most in Three Weeks, Weighed by Global Slump
  The market liquidity came to 46.76 million shares valued at VND1,439 billion, up 18% in volume and 14% in value. PetroVietnam Construction (PVX), still the most active stock with 5.56 million units changed hands, lost 4.18% to close at VND29,800. Kim Long Securities (KLS) came second in liquidity, with 3 million shares traded, which ended down 2.51% to VND19,400.
• HNX-Index Retains Rising Run on Global Gains
  The HNX-Index added 0.66 points, or 0.4%, to close at 164.01, the highest in June. Last week, the measure advanced 3.24%. The gauge has slid 12% from the yearly high on May 6, according to FPT Securities, which runs this website. Amongst 299 stocks listed on the northern bourse, 196 stocks advanced, 78 declined, 18 closed unchanged and seven were
• HNX-Index Resumes Gain On Local Buying
  Today headlines showed that local commercial banks cut rates for selective customers from 0.5%-1% per annum to boost lending. Dragon Capital deputy CEO Phan Minh Tuan denied the rumor of Dragon Capital withdrawal on local media, reiterating that the fund management company and investors continue to see Vietnam as an attractive investment destination.
• Foreigners Net Buyers of VND160.4Bln of Vietnam Shares
  Foreigners buying focused on property and industry, all were blue chips. In cash market, foreigners top buying list were HAG, KBC, DPM, VNM and FPT with buying values of VND46.4 billion, VND39.2 billion, VND25.4 billion, VND25.1 billion and VND23.4 billion respectively, the StoxPlus data showed.
• HNX-Index Snaps Four Day Gain on Profit Taking
  VNDirect Securities (VND) was in the third place with 2.036 million shares changed hands, closing up 0.69% at VND29,300 Vinaconex (VCG) was the fourth most active issue with 1.297 million shares traded, closing down 1.32% to VND44,700. Asia - Pacific Securities Joint Stock Company(APS) came last in top most active list with 1.264 million shares traded, up 5.7% to VND20,400.
• HNX-Index Bucks Trend to Top 160 Theshold
  The HNX-Index added 0.69 point, or 0.43%, to close at 160.44. Volume and liquidity continued to increase to 38.98 million worth VND1.264 trillion compared to 33.39 million worth VND1.05 trillion on June 14.
• HNX-Index Extends Gains on Economic Data
  Global solid gains also cemented the local confidence, he added. The HNX-Index added 1.53 points, or 0.97%, to close at 159.76, extending the three-day gain to 2%. Last week, the measure slid 2.13%.
• HNX-Index Inches up Late Day, Led by Small Stocks
  "It is an opportunity to pick up hot stocks following sharp drops while the market is moving sideways," a stock analyst in Hanoi said. Unlike little-changed heavyweights, penny stocks are traded in a wide range margin, promising quick profit for investors when the market goes up.
• Businesses Find Convertible Bonds More Attractive
  Instead of taking a high loan rate at banks, many businesses have switched to issue convertible bonds because they have found them to be more profitable. From early this year, about nearly VND10 trillion of convertible bonds was issued meanwhile last year, there were several firms issuing convertible bonds because the stock market was on the ebb.

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