Report

6PM Call: Not Many Investors Turned Out to be Profit Takers - Update on TCM

​Although we did not observe strong selling pressure from those “bottom fishers” on Monday, the VNIndex still closed in the red. Since the recent addition of ROS, NVL and SAB to the VN30 Index, this index and the VNIndex tend to fluctuate quite closedly. Both of them closed in the red. On the other hand, the HNXIndex closed higher than yesterday by 0.20 points. Market liquidity increased very slightly 1.5%. We think the situation is better for the market as liquidity did not surge when the market went down in today’s session.

Underlying
Thanh Cong Textile Garment Investment Trading

Thanh Cong Textile Garment Investment Trading Joint Stock Company is a Vietnam-based company engaged in the textile and garment industry. The Company is involved in the manufacturing and trading of threads, fibers, fabrics, garments, chemicals, dyeing substances and other supplies and equipment used in textile and garment production. It is also engaged in real estate operations through development projects of apartment buildings and resorts. On May 9, 2014, the Company announced that it has set up a new wholly owned subsidiary named Thanh Cong - Vinh Long Co Ltd.

Provider
Viet Dragon Securities
Viet Dragon Securities

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.

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