6PM Call: VIC and STB Moved in Opposite Direction - Update on CSV
After STB announced its intention to change its ticker and switch from HOSE to HNX, the stock hit the floor with abnormal volume of 9 million shares due to fears that it would face strong selling pressure from funds. On the contrary, VIC (+5.2%) was the biggest contributor to the VNIndex (813.95 pts, + 0.41%), thanks to the effect of Vincom Retail’s upcoming listing. As of September 2017, Warburg Pincus and Credit Suisse hold 20% stake in Vincom Retail as these institutions converted all preferred shares into common shares. Another 29% shares in Vincom Retail belongs to SDI, which receive the transfer from Vingroup in April. SDI stock price has nearly double in recent months.
Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.
RongViet Research reports are diversified and abundant, along with in-depth analysis and performed by experienced, highly-qualified and knowledgeable teams. With the objectives of transparency, accurate and timely manner, RongViet believes that our products would always be important sources of information for customers/investors’ investment decisions.”
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.