Enterprise Information 8/23: Gold value: turns down

Beforehand, the Heart for Trade and Commerce Info forecast that the CPI in August 2024 may enhance by about 0.2% in comparison with the earlier month. Inflationary strain within the final months of the 12 months might come from the State adjusting the essential wage, growing the worth of medical companies, schooling, and electrical energy costs in keeping with the roadmap. Nonetheless, within the remaining months of 2024, elements that decelerate the expansion fee of the worth index equivalent to main economies holding rates of interest unchanged or slowly reducing them, and the world financial system persevering with to stagnate will make it troublesome for world commodity costs to extend sharply.

Worldwide macro info was additionally fairly constructive when the minutes of the US Federal Reserve (Fed) assembly in July confirmed that financial coverage makers believed that the opportunity of chopping rates of interest on the September assembly had elevated. Most members believed that easing financial coverage can be acceptable if financial information continued to develop in step with forecasts.

Nonetheless, the thrill didn’t final lengthy. As a substitute, profit-taking strain elevated, inflicting many inventory teams to say no, pushing the indices under the reference stage. Buying and selling available on the market continued to fluctuate with alternating will increase and reduces.

Metal shares had comparatively detrimental fluctuations in right now’s session, during which HPG decreased by greater than 1.5% and was the issue with probably the most detrimental impression on VN-Index when it took away 0.62 factors from this index. In addition to HPG, different metal shares equivalent to NKG, HSG… had been additionally in purple. NKG decreased by 1.38%, HSG decreased by 1.43%…

Together with that, different massive shares equivalent to VNM, VCB, MBB or GVR additionally decreased in value and put nice strain on VN-Index. VNM decreased by 1.46% and took away 0.56 factors. Two financial institution shares that elevated strongly yesterday, VCB and MBB, now adjusted down once more by 0.4% and 1.4%.

However, different financial institution shares equivalent to TCB, SSB, CTG, VIB and TPB all elevated in value and had been the driving drive to assist VN30-Index keep its inexperienced colour in addition to assist VN-Index. Of which, SSB elevated by 4.85%, TCB elevated by 1.59%, CTG continued to extend by 1.17%. SSB contributed 0.64 factors to VN-Index. TCB and CTG contributed 0.6 factors and 0.52 factors respectively.

As well as, a number of different massive shares equivalent to VRE, MSN or FPT additionally maintained constructive development momentum in right now’s session.

Actual property shares had been strongly differentiated, during which NVL and PDR attracted consideration in the true property group, during which NVL elevated by 2.38% and PDR elevated by 1.82%. Not too long ago, the Division of Building of Dong Nai province issued a doc on the circumstances of future actual property to be put into enterprise for some low-rise homes in a part of space 2, Aqua Waterfront Metropolis City Space Mission of Da Lat Valley Actual Property Firm Restricted – a subsidiary of Novaland. Accordingly, the Division of Building confirmed that 98 future homes in a part of space 2, Aqua Waterfront Metropolis City Space Mission are eligible to be put into enterprise in keeping with rules.

Nonetheless, many different actual property shares adjusted, NTL decreased by 1.4%, QCG decreased by 3%, KHG decreased by 0.91%, KDH decreased by 0.3%… Securities shares acquired good demand on the finish of the session. Of which, VDS elevated by 2.56%, HCM elevated by 1.8%, MBS elevated by 1%…

On the finish of the buying and selling session, VN-Index closed at 1,282.78 factors, down 1.27 factors (-0.1%) in comparison with the earlier session. Your entire ground had 171 shares growing, 228 shares lowering and 87 shares remaining unchanged. HNX-Index elevated 0.05 factors (0.02%) to 238.47 factors. Your entire ground had 67 shares growing, 82 shares lowering and 62 shares remaining unchanged. UPCoM-Index elevated 0.01 factors (0.01%) to 94.49 factors.

Whole buying and selling quantity on HoSE reached 687 million shares (down about 18% in comparison with the earlier session), equal to a buying and selling worth of VND15,607 billion. Buying and selling worth on HNX and UPCoM reached VND1,196 billion and VND535 billion, respectively.

International buyers continued to web promote about 470 billion VND on HoSE, during which, this capital circulate web offered probably the most HPG code with a price of 146 billion VND. HSG and VPB had been web offered 122 billion VND and 51 billion VND respectively. In the other way, FPT was web purchased probably the most with a price of 138 billion VND. STB and VCB had been web purchased 50 billion VND and 48 billion VND respectively.

– NovaGroup continues to promote 3 million Novaland shares as costs enhance sharply

Based mostly on the closing value of NVL shares on August 22, which was VND12,900/share, it’s estimated that NovaGroup may earn about VND38.7 billion if the transaction is profitable…

No Va Actual Property Funding Group Joint Inventory Firm (Novaland – inventory code: NVL) has simply introduced the inventory transaction of a corporation associated to an insider.

Accordingly, NovaGroup Joint Inventory Firm, a corporation associated to Mr. Bui Thanh Nhon, Chairman of the Board of Administrators of Novaland, continues to register to promote 3 million NVL shares, thereby decreasing possession from 346.8 million shares to 343.8 million shares, equal to 17.63% of constitution capital at Novaland. The anticipated transaction time is from August 27, 2024 to September 6, 2024 by order matching or negotiation methodology.

NovaGroup mentioned the aim of promoting a considerable amount of NVL shares is to steadiness the funding portfolio and assist debt restructuring. On the inventory market, NVL shares have witnessed a rise of 15.2% over the previous week, quickly closing at 12,900 VND/share within the buying and selling session on August 22. It’s estimated that at this value, NovaGroup can earn about 38.7 billion VND if the transaction is profitable.

Notably, NovaGroup has been constantly promoting massive quantities of NVL shares to scale back its possession ratio. Most lately, on July 18, a corporation associated to Mr. Bui Thanh Nhon offered 2 million NVL shares via order matching.

– Binh Son Refining and Petrochemical Joint Inventory Firm submits itemizing software to HoSE

To organize for brand new breakthroughs and fulfill its dedication to shareholders on the 2024 Common Assembly of Shareholders, Binh Son Refining and Petrochemical Joint Inventory Firm (BSR) mentioned it has made efforts to hurry up the ultimate steps in transferring the ground from UPCoM to itemizing on HoSE.

In accordance with info from Binh Son Refining and Petrochemical Joint Inventory Firm (UPCoM: BSR), on August 21, the corporate submitted an software to checklist 3.1 billion BSR shares on the Ho Chi Minh Metropolis Inventory Trade (HoSE), comparable to the present constitution capital of greater than VND31,004 billion.

BSR is the unit that manages and operates Dung Quat Oil Refinery, an necessary challenge associated to nationwide safety, with a complete funding capital of over 3 billion USD, contributing to making sure nationwide power safety. BSR efficiently organized an IPO in January 2018 and BSR shares had been listed on the UPCoM ground of the Hanoi Inventory Trade from March 2018.

Within the interval from 2020 to 2023, BSR can’t checklist shares on HOSE as a result of it solely meets 8/9 standards, with just one criterion remaining that’s overdue money owed associated to its subsidiary, Central Petroleum Biofuel Joint Inventory Firm (BSR-BF).