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HSX to shut down due to trading congestion and excessive liquidity

HSX to shut down due to trading congestion and excessive liquidity 14:00 | 01/06/2021 The Ho Chi Minh City Stock Exchange (HSX) had to shut down temporarily to prevent technical outrages due to excessive liquidity.  In an announcement made in the morning of June 1, the HSX explained that its platform was paralysed after the trading value exceeded VND21.7 trillion($943.5 million), leaving millions of investors unable to trade. With the approval of the State Securities Commission, the HSX halted transactions on June 1. The session was closed with the last matching price in the morning session. Thus, the VN-Index closed with an increase of 9.73 points (0.73 per cent) at 1,337.78 points.

I-nexus Global narrows losses in H1 on lower costs | 26 May 2021

26 May 2021 | 09:11am StockMarketWire.com - Execution software provider i-nexus Global reported narrower first-half losses as cost cuts offset a decline in revenue. For the six months ended 31 March 2021, pre-tax losses narrowed to £0.43 million from £2.16 million, while revenue fell to £2.01 million from £2.27 million. The losses were reduced significantly as a result of last year s cost control exercise, the company said. Our strategic focus continues to be on growing repeatable, incremental sales, while operating within our financial means, it added. At 9:11am: [LON:INX] Inexus Global Plc Ord 10p share price was 0p at 5.5p Story provided by StockMarketWire.com

Shares end the week higher but foreign investors still flee the market

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