Monday, 20 May 2013 09:29
The lower deposit interest rate is expected to boost investments in the stock market, but the fact that billions of dong are sitting idly in investors' accounts tells a different story.
Stocks
| 1. VietNamTourism - VITOURS Category: Tour Operators City: Danang Image: |
| 2. Sun Spa Resort and... Category: Hotels & Resort City: Quang Binh Image: |
| 3. Trendy Hotel Category: Hotels & Resort City: Danang Image: |
| 4. Six Senses Ninh Van Bay Category: Hotels & Resort City: Khanh Hoa Image: |
| 5. LOUIS Hotel Category: Hotels & Resort City: Danang Image: |
| 6. Rainbow Hotel Da Nang Category: Hotels & Resort City: Danang Image: |
The lower deposit interest rate is expected to boost investments in the stock market, but the fact that billions of dong are sitting idly in investors' accounts tells a different story.
While the stock market in general reacted positively to a new VND30 trillion (US$1.4 billion) real estate support package, shares of companies in the sector saw little change.
More than a million Kinh Bac City Development Corp (KBC) shares were exchanged every day for over a week, bringing investors hope of a positive business result in the first quarter.
Shares on the HCM City Stock Exchange managed to rally in last trading minutes, with the benchmark Vn-Index gaining 0.13 per cent to 484.50 points.
On the HCM City Stock Exchange yesterday, the VN-Index added nearly 0.6 per cent to reach 488.93 points. The VN30, tracking the southern city's 30 leading shares by capitalisation and liquid [ … ]
While shares rose in HCM City, Ha Noi stocks retreated. On the HCM City Stock Exchange, the VN-Index added 0.6 per cent to reach 489.09 points.
Strong speculative trading helped lift shares on both national stock exchanges last week while heavy negotiations trading on bank shares on the HCM City exchange attracted investor curiosity [ … ]
Strong speculative trading helped lift shares on both national stock exchanges last week while heavy negotiations trading on bank shares on the HCM City exchange attracted investor curiosity [ … ]
Investors increased selling in the afternoon following news that the State Bank of Viet Nam kept its prime rate unchanged at 7.5 per cent per annum while details of a rescue package worth VN [ … ]
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