Shares trim losses on late buying force 10:08 | 08/05/2021
Vietnamese shares trimmed losses in late trade on Friday as strong buying force returned to the market, helping revive investor appetite after a sell-off earlier the day.
An investor watches stock indices on the board at the Ho Chi Minh Stock Exchange in HCM City. â VNA/VNS Photo Hua Chung
The market benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) lost 0.70 per cent to close Friday at 1,241.81 points.
The southern market index had declined 0.47 per cent to finish Thursday at 1,250.57 points.
The market breadth was negative as 307 stocks declined while 118 rose and 41 stocks ended flat.
Update: May, 07/2021 - 07:27 | A worker checks Vinamilk s products at its laboratory. Vinamilk s shares (VNM) lost 2.6 per cent Thursday. Photo courtesy of Vinamilk HÀ NỘI Vietnamese stocks struggled in volatile markets on Thursday with sentiment hit by increasing COVID-19 cases nationwide with the VN-Index failing to maintain its uptrend. The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) declined 0.47 per cent, or 5.86 points, to finish the trading day at 1,250.57 points. The market breadth was negative as 262 stocks declined while 148 rose and 48 stocks ended flat. The southern market index had risen 1.15 per cent to finish Wednesday at 1,256.43 points.
Update: May, 06/2021 - 08:47 | An HDBank branch in HCM City. HDBank soared 7 per cent on Wednesday. Photo courtesy of the bank HÀ NỘI Shares ended higher on Wednesday with the VN-Index extending its rally on banking stocks. The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) rose 1.15 per cent, or 14.23 points, to finish the trading day at 1,256.43 points. The market breadth was still positive as 330 stocks rose while 93 fell and 33 stocks ended flat. The southern market index had gained 0.23 per cent to closed Tuesday at 1,242.2 points. The market liquidity was higher than yesterday with nearly 744.4 million shares traded on the southern market, worth VNĐ21.2 trillion (US$915 million).
Blog
Blog
Blog
Blog
2 May, 2021 Author Yuzo YamaguchiFrancis Garrido
Some of Japan s regional banks may be forced to consolidate to survive, a consideration many have long been resistant to, as more banks are no longer earning sufficient income to cover operating expenses.
Among 34 Japanese regional banks that reported revenue and expenses data for the three months ended Dec. 31, 2020, four had their quarterly expenses exceed net interest income, according to S&P Global Market Intelligence. Sixteen other lenders reported net interest income-to-operating expense ratios of 1.20 or lower, indicating limited income buffers against elevated expenses. Only one regional bank The Kiyo Bank Ltd. reported a ratio above 2, meaning its net interest income was more than double its operating expenses for that quarter.
China stocks inch higher as financials shine on upbeat earnings Reuters 3 hrs ago
SHANGHAI, April 29 (Reuters) - China stocks edged higher on Thursday, led by gains in financials on upbeat first-quarter earnings from many heavyweight companies in the sector, while some mutual funds high allocations to the banking sector also lent support.
Popular Searches At the midday break, the Shanghai Composite index was up 0.17% at 3,463.10, while China s blue-chip CSI300 index was up 0.25% at 5,132.12. The smaller Shenzhen index edged down 0.08%, the start-up board ChiNext Composite index was weaker by 0.57% and Shanghai s tech-focused STAR50 index was down 0.32%. CITIC Securities Co,, China s biggest brokerage by assets, reported a 26.7% rise in first-quarter net profit on Wednesday, led by strong growth in commission fees.