News

Two additional foreign-backed brokerage firms are ranked among the top 10 Hanoi Stock Exchange Q2 market shares.

The State Capital Investment Corporation yesterday reported it had sold stake it represented in 520 enterprises during the five years since its establishment for a total of VND2.77 trillion (US$134.5 million), twice the book value of the companies.

These are some of the leading stories in the official Vietnamese press on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.

Vietnam’s stocks fell to the lowest level in two months as investors stayed cautious waiting for new market catalysts, liquidity shrank as a result.

Foreigners changed to net buy Vietnamese shares on both two bourses Hochiminh Stock Exchange and Hanoi Stock Exchange today.

Vietnam-based investment funds are struggling as the macroeconomic situation remains poor in 2011’s first half.

Vietnam’s stocks kicked off the new week in a mixed note as blue chips buoyed shares on the HOSE while investors continued to offload shares on HNX for a fourth straight day.

Foreigners continued to net sell Vietnamese shares on the Hochiminh Stock Exchange today though they came back to slightly net buy shares on HNX.

The UPCoM-Index, the measure of 120 unlisted public companies, closed down today as sellers were more aggressive, dumping shares at lower prices.