EVNGENCO 3: Invitation to IPO Roadshow. Dear Investors, We would like to invite you to the IPO Roadshow of Power Generation Corporation 3 with details as follows: In Hanoi: Thursday, January 25, 2018 at 1:30pm at Hoa Binh Hall, 4th Floor, EVN Headquarters, 11 Cua Bac, Ba Dinh District. In HCMC: Friday, January 26, 2018 at 3:00pm at Rex Hotel, 141 Nguyen Hue, District 1. Kindly RSVP to Ms. Nguyen Lien Huong (firstname.lastname@example.org) by 5:00pm, Tuesday, January 23, 2018.
Ministries adjust petroleum prices amid rising global prices. Today (January 19), the Ministry of Industry & Commerce and the Ministry of Finance lifted domestic gasoline prices for the second time this year due to the recent increases of global crude oil and petroleum prices. The average prices of RON 92 petro in Singapore, for the 15 day period from January 4 to 18, reached USD76.24/barrel, up 3.3% from the previous period.
PV Power: Invitation to IPO roadshow. PV Power will hold its Ho Chi Minh City roadshow presentation tomorrow. Details are as follows: * 2:00 pm, Friday, January 19, 2018, InterContinental Asiana Saigon - 82 Hai Ba Trung, District 1, HCMC.
Please kindly RVSP with Ms. Nguyen Lien Huong (email@example.com).
The VN-Index fell sharply by 2.7% today, its largest daily loss this year. Liquidity remained very high with VND8,668 billion (USD382 million) traded. The current high market valuation combine with strong technical resistance as the index moves towards 1,100 made the market more sensitive and boosted selling pressure created by the State Securities Commission's proposed change in margin policy, which we discussed yesterday, to increase the equity requirement for each margin lending position
The VN-Index finished a volatile session with a 0.05% decline, closing at 1062.96. No large-caps recorded significant changes. The trading value of the HOSE soared to VND8,282 billion ($365 million), a very high level. This decline brought to an the index's six day streak of gains. Market sentiment was somewhat negatively affected by a draft amendment to Decision No 87/QĐ-UBCK, proposed by the State Securities Commission (SSC). According to the document that has already been sent to brokerage
PV Power: Invitation to IPO roadshow. The IPO Roadshow of PetroVietnam Power Corporation (PV Power) will be held this week and the details are as follows: Hanoi: 2:00 pm, Tuesday, January 16, 2018 at Hilton Hanoi Opera Hotel - 1 Le Thanh Tong, Hoan Kiem District, Hanoi. Ho Chi Minh City: 2:00 pm, Friday, January 19, 2018, InterContinental Asiana Saigon - 82 Hai Ba Trung, District 1, HCMC. Please kindly RVSP with Ms. Nguyen Lien Huong (firstname.lastname@example.org).
2017 trade surplus revised up slightly to USD2.9 billion. The Custom Office revised up 2017’s official trade surplus to USD2.9 billion from USD2.7 billion, which was previously estimated by GSO. December exports were increased slightly by 2.1% from GSO’s number to USD19.7 billion while imports were mostly in line with GSO’s estimate at USD19.9 billion, which resulted in a small deficit of USD200 million vs USD500 million previously.
This market just wants to go higher. The VN-Index fell sharply at the open but recovered to close up, once again, one percent. The index has dropped only once in the last 14 trading days, advancing 11% during that period. A threesome of firms that listed on HOSE last year - PLX (+3.8%), VRE (+4.2%) and VJC (+5.0%) - were among today's top gainers. VJC announced late yesterday that shareholders had approved an increase of the budget carrier's total cash dividend for 2017.
The VN-Index looked headed for another day of strong gains up 1.2% in early afternoon but a sharp half-hour sell-off wiped those gains out before some late buying left the index up four tenths of a percent at the close on Wednesday. Trading in HOSE was heavy at USD406 million, more than double the daily average of USD192 million over the last year. Energy names rose after the price of Brent crude jumped above USD69/bbl in Asian trading today for the first time since mid-2015. GAS (+1.3%) rea
The VN-Index closed up one percent on Tuesday as last year's 48% bull run has accelerated at the start of 2018, with the index advancing at least a percent on five of the year's first six trading days for a 5% jump. Trading on HOSE was heavy at USD354 million, well above the daily average of the past year of USD191 million. A trio of financial sector names - VCB (+5.6%), VPB (+3.1%) and BVH (+5.8%) - led the market higher today. BVH, which has surged 44% since we recommended a BUY rating in