Vietnamese shares failed to maintain their upward trend on Thursday thanks to overwhelming selling pressure that persisted from the start of the trading hour to the closing minutes.
The Vincom Retail Joint Stock Corporation, a member of property developer Vingroup, has appointed Thái Thị Thanh Hải as its new chairman, starting on June 7.
Shares extended gains on the HCM Stock Exchange on Friday, concluding the week with positive results in all five sessions.
Vincom Retail Joint Stock Corporation (Vincom Retail), a member of property developer Vingroup, held its first annual shareholders’ meeting on Thursday after listing on the HCM Stock Exchange.
Forbes Vietnam on Tuesday announced Vietnam’s 50 top listed companies for 2018, which account for 70.8 per cent of total market capitalisation on the HCM and Hà Nội stock exchanges.
Second-quarter and half-year earnings reports, as well as annual shareholder meetings, may be driving factors for a recovery of Vietnamese shares in June, starting this week.
Saigon Securities Incorporation said it has been informed by FinanceAsia that it has won two FinanceAsia awards for Best Investment Banking and Best Equity Capital Markets House.
Shares concluded the week on a negative note as investors remained cautious on the market outlook amid low volatility and constant net selling by foreign traders.
Shares retreated on Thursday on the nation’s stock exchanges, reversing from Wednesday’s unexpected rebound.
Shares underperformed on Monday as money continued to withdraw from the market in face of a downtrend.