Listed plastic companies have seen their market values expand 15-50 per cent in the last two months on low oil prices and increased consumption.
The new wave of Covid-19 infections has caused heavy pressure on the country’s economy. In this uncertain context money flows into the stock market have turned towards firms with good financial capability, reliable operations and attractive dividend policies.
Bottom purchase demand increased towards the end of Thursday’s trading session while selling pressure lessened, helping narrow the market’s downward trend significantly.
Shares were mixed at closing on Monday, higher on the HCM City Exchange but lower on the northern bourse, experiencing strong volatility with big variation in large-caps’ prices.
The Vietnam National Petroleum Group (Petrolimex) has asked the Government to extend its deadline for selling the State’s capital to the 2019-20 period instead of this year as currently planned.