The VN-Index managed to keep its head above the 1,000-point level on Wednesday despite selling pressure that pushed it below the benchmark during trading.
PetroVietnam Power Nhơn Trạch 2 Joint Stock Company (HoSE: NT2) plans to finalise the list of shareholders liable to receive the firm’s second-round dividend payout on December 28.
Shares nosedived on the HCM City Stock Exchange on Friday, dragged down by trading for portfolio-restructuring of domestic exchange-traded fund (ETF) E1VFVN30.
PetroVietnam Power Nhơn Trạch 2 Corporation has reported that its post-tax profit for the second quarter of 2018 rose 41 per cent year on year to VNĐ269 billion (US$12 million).
The HCM Stock Exchange has announced the latest update to the blue-chip VN30 Index for the next six months from July 23 to January 1, 2019.
Local markets are set to feature lots of foreign trading again this week, with foreign investors’ taste likely to change market sentiment after foreign selling pressure had weighed down the stock market for the last two months.
Vietnamese shares closed Tuesday on a positive note as large-cap stocks were boosted by expectations for better quarterly earnings and rising oil prices.
Gas and oil power plants are expected to benefit from the new decision of the Ministry of Industry and Trade that has suspended the operation of the competitive electricity generation market.
Shares advanced on both local exchanges yesterday after a long weekend holiday, driven by large-cap stocks. However, trading conditions suggest rough sessions ahead for the markets.
Local stock markets may see a correction early this week due to rising profit-taking pressure after a long rally, but the downward period is expected to be insignificant owing to investors’ confidence in the market outlook and strong foreign buys.