The Stock Market Update: Trading Preview for September 16th

Recently, listed companies have been in communication with the Ho Chi Minh City Stock Exchange (HoSE) and the Hanoi Stock Exchange (HNX) to disclose information as per regulations.

0
138

NAB: Ho Chi Minh City Stock Exchange (HOSE) has announced the removal of NAB shares of Nam A Commercial Joint Stock Bank from the list of ineligible stocks for margin trading, as it has met the listing requirements for over 6 months.

DIG: Mrs. Le Thi Ha Thanh will inherit over 20.7 million DIG shares of the Construction Development Investment Corporation (DIC Corp) from her late husband, Mr. Nguyen Thien Tuan, former Chairman of DIC Corp.

VCI: Mrs. Truong Nguyen Thien Kim, owner of the Katinat cafe chain and wife of Mr. To Hai – CEO and Board member of Vietcap Securities Joint Stock Company (stock code: VCI), sold 13.2 million VCI shares from September 4-9 to September 11, estimated to have raised nearly VND 600 billion.

Market volatility in the past week

NVL: Novagroup Joint Stock Company, an organization related to Mr. Bui Thanh Nhon – Chairman of the Board of Novaland Investment Group Joint Stock Company (Novaland, stock code: NVL) sold 3 million NVL shares on September 6 to restructure its investment portfolio and support debt restructuring.

SCR: Ms. Dang Huynh Uc My, sister of Mr. Dang Hong Anh, Vice Chairman of the Board of Saigon Thuong Tin Real Estate Joint Stock Company – TTC Land (stock code: SCR) has registered to sell all 110,419 SCR shares to restructure her investment portfolio.

EVE: Mr. Trinh Xuan Giao, an individual related to Mr. Cho Yong Hwan – Chairman of Everpia Joint Stock Company (EVE – HOSE) sold more than 413,000 EVE shares from September 6-9 via order matching. After the transaction, Mr. Giao’s ownership in EVE decreased to over 1.76 million shares, equivalent to 4.2%.

ACB: Asia Commercial Joint Stock Bank (stock code: ACB) has announced the addition of 5 shareholders holding 6.7% of its chartered capital. They include three organizations: Giang Sen Trading and Investment Joint Stock Company (holding 1.79%), Bach Thanh Trading and Investment Joint Stock Company (1.2%) and International Education Village Joint Stock Company (1.3%), and two individuals: Ms. Nguyen Thien Huong Jenny (1.3%) and Mr. Nguyen Duc Hieu Johnny (1%).

VIX: VIX Securities Joint Stock Company (code: VIX) has successfully offered more than 556 million shares to existing shareholders. The remaining nearly 80 million shares will continue to be offered at the same price of VND 10,000/share.

You may also like

The Greenback Takes a Tumble: Will the State Bank Step In to Buy?

The recent loosening of monetary policy by the State Bank of Vietnam (SBV) in the context of a sharp decline in exchange rates has led to speculation that the central bank may buy USD at a higher price at the Trading Center to boost foreign exchange reserves. This move is expected to enhance the liquidity of VND in the commercial banking system, ensuring a more stable and robust financial environment.

Will MWG Stock Return to the Nearly VND 13,000 Billion ETF Portfolio with the VNDiamond 3.0 Update?

SSI Research has reported that the VNDiamond Index’s rules have been revised to tighten liquidity conditions for stocks while relaxing FOL conditions. The new rules also amend the P/E filter criteria, introduce a formal stock basket determination rule, and add a wS parameter to curb volatility in the index.