News

Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the 11 a.m. local-time close.

Foreigners changed to slightly net sell Vietnamese stocks on both two official bourses on caution of T+4 effects.

Vietnamese stocks resumed the losing track today as investors stayed cautious as 175 million shares traded on September 14 were available to trade today and on concerns over banks' liquidty.

The UPCoM-Index, the measure of 128 unlisted public companies, fell for a fifth day in a row today as investors boosted selling following suit of official bourses.

Vietnam's plastics industry is expected to achieve export revenue of $1.3 billion this year, a rise of 30 percent from 2010

Securities enterprises have predicted profit taking pressure to pick up in some sessions this week as many investors have shown signs of locking in profits after a long rising streak last week.

Vietnam stock market is unlikely to recover long term uptrend until Q2/2012 at the earliest though there might be some short term rallies, Do Linh Phuong, chief analyst with Vietinbank Securities presented at Vietinbank’s Analyst Day.

Vietnamese stocks kicked off the new week in the green on late buying as investors took recent retreat as an opportunity to enter.

Foreigners changed to slightly net buy Vietnamese stocks on both two official bourses after the biggest off-loaded day on Friday.