News

The UPCoM-Index, the measure of 130 unlisted public companies closed down on Wednesday after 4 straight days of gain following official bourses. Liquidity decreased.

Ho Chi Minh city is estimated to have lured a total of $638.5 million foreign direct investment (FDI) capital in the Jan-May 15th, 2012, the local news provider Gafin.vn reported, citing figure form the municipal statistics department.

Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the 11:30 a.m. break in Ho Chi Minh City.

Securities enterprises continue to give a dismal outlook over the market after an eight-day losing streak, predicting that the market may keep falling with low liquidity this week.

Vietnamese stocks ended the day just in the red as selling pressure continued to send the VN Index back to the negative ground while newly listed GAS, which was second heaviest weighed on the bourse, limited up.

Foreigners ended their string of net sellers on HOSE to change to net buyers on both bourses on Tuesday. Level of participation dropped for the third straight day.

The UPCoM-Index, the measure of 130 unlisted public companies bucked trend of the official bourses to close up for the fourth consecutive day on Tuesday. Liquidity improved significantly.

Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the 2:15 p.m. close in Ho Chi Minh City.

Vietnam still keeps its gross domestic product (GDP) growth target of 6-6.5% this year despite the economic difficulties in the first months, Nguyen Hanh Phuc , head of National Assembly Office said at the press conference on May 17th.