VN-Index plunges on higher inflation forecast
Stocks on Ho Chi Minh Stock Exchange plummeted on July 1, dragging the Vietnam’s benchmark VN-Index to one-month low as investors lost confidence after the Ministry of Investment and Planning raised consumer price index forecast to 17-18 percent this year.The measure of 288 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange slashed 1.68 percent, or 7.25 points, to close week at 425.29 points.
Among the index members, 55 rallied, 179 weakened, while 59 remained unchanged.
Trading volume on the city bourse changed a little over the previous day as 23.92 million shares changed hands at a value of VND378 billion.
Saigon Thuong Tin Joint Stock Commercial Bank or Sacombank (STB) won the position of most active share in volume with 2.79 million shares changing hands.
Saigon Securities Inc. (SSI), the country’s largest brokerage, dropped to the second place with 1.93 million shares.
PetroVietnam Transportation Corporation (PVT) came in next with 608,060 shares traded.
PetroVietnam General Services Joint Stock Corporation (PET) and Petroleum Pipeline and Tank Construction Joint Stock Company (PXT) collapsed the daily maximum allowed limit of 5 percent to close at VND13,300, and VND5,700 respectively.
Long Giang Investment & Urban Development Joint Stock Company (LGL) fell 4.95 percent to VND9,600.
Pha Lai Thermal Power Joint Stock Company (PPC) and Tay Nguyen Electricity Investment Joint Stock Company (TIC) both plunged 4.94 percent to VND7,700.
Saigon Thuong Tin Joint Stock Commercial Bank or Sacombank (STB) was also the biggest gainer on the southern trading floor today. It mounted 5 percent to close at VND12,600 after treading water for four consecutive trading sessions.
Saigon Fuel Joint Stock Company (SFC) advanced for four consecutive trading sessions, adding up 4.72 percent to VND26,600.
Cosmetics producer SPM Joint Stock Company (SPM) capped its three-day losing streak, reviving VND42,800.
The HNX-Index of the smaller bourse in the north also sank 2.14 percent, or 1.59 points, to 72.76 points. Trading volume was at 29.16 million shares worth VND328.55 billion.
Meanwhile, the UPCoM-Index of unlisted shares was unchanged at 32.99 points as of the previous day. A total of 123,700 shares changed hands at a value of VND1 billion as of 2:30 pm local time.
Joint Stock Companies - News
PetroVietnam General Services Joint Stock Corporation (PET) and Petroleum Pipeline and Tank Construction Joint Stock Company (PXT) collapsed the daily maximum allowed limit of 5 percent to close at VND13,300, and VND5,700 respectively.
Real estate company De Tam Joint Stock Company (DTA) resumed its four-day losing trend, closing down 4.92 percent to VND5,800. Ngo Han Joint Stock Company (NHW) and Transforwarding Warehousing Joint Stock Corporation (TMS) both shot up 5 percent to
The Company is also the original developer and now a 41% investor in a Saudi Arabian joint stock company involving a mining project which is currently under construction in the Najran Province of southwest Saudi Arabia. The mine is scheduled to be in

International company Ernst&Young will audit the cash deficit and cash drive at National Joint-Stock Company Naftogaz Ukrainy for the International Monetary Fund (IMF), according to the results of a tender conducted by Naftogaz posted on the Web site
Private joint-stock company MTS Ukraine in April-June 2011 launched 53 base transmission stations, reads a company report. Two stations were installed in settlements, which the MTS network did not cover before, and 27 stations were installed for the
Vn-index plunges upon aloft acceleration forecast | Vietnam Guide
Stocks upon Ho Chi Minh Stock Exchange plummeted upon Jul 1, boring the Vietnam ’s benchmark VN-Index to one-month low as investors mislaid certainty after the Ministry of Investment as well as Planning lifted consumer cost index foresee to 17-18 percent this year.
The magnitude of 288 companies as well as 5 mutual supports listed upon the Ho Chi Minh Stock Exchange slashed 1.68 percent, or 7.25 points, to tighten week during 425.29 points.
Among the index members, 55 rallied, 179 enervated, whilst 59 remained unchanged.
Trading volume upon the city bourse altered the small over the prior day as 23.92 million shares altered hands during the worth of VND378 billion.
Saigon Thuong Tin Joint Stock Commercial Bank or Sacombank( STB) won the upon all sides of many active share in volume with 2.79 million shares becoming different hands.
Saigon Securities Inc.( SSI), the country’s largest brokerage, forsaken to the second place with 1.93 million shares.
PetroVietnam Transportation Corporation( PVT) came in subsequent with 608, 060 shares traded.
PetroVietnam General Services Joint Stock Corporation( PET) as well as Petroleum Pipeline as well as Tank Construction Joint Stock Company( PXT) collapsed the every day extent authorised extent of 5 percent to tighten during VND13, 300, as well as VND5, 700 respectively.
Long Giang Investment & Urban Development Joint Stock Company( LGL) fell 4.95 percent to VND9, 600.
Pha Lai Thermal Power Joint Stock Company( PPC) as well as Tay Nguyen Electricity Investment Joint Stock Company( TIC) both plunged 4.94 percent to VND7, 700.
Saigon Thuong Tin Joint Stock Commercial Bank or Sacombank( STB) was additionally the greatest gainer upon the southern trade building today. It mounted 5 percent to tighten during VND12, 600 after treading H2O for 4 uninterrupted trade sessions.
Saigon Fuel Joint Stock Company( SFC) modernized for 4 uninterrupted trade sessions, adding up 4.72 percent to VND26, 600.
Cosmetics writer SPM Joint Stock Company( SPM) capped the three-day losing strain, reviving VND42, 800.
The HNX-Index of the not as big bourse in the north additionally sank 2.14 percent, or 1.59 points, to 72.76 points. Trade volume was during 29.16 million shares worth VND328.55 billion.
Joint Stock Companies - Bookshelf
Joint stock companies, being a practical treatise on their formation, management and winding-up under "The Companies Act, 1862", comprising introductory sketch and statistics, copious instructions to promoters, directors, officers and all persons officially or otherwise connected with public companies, containing also a list of the books required by a public company, and hints as to forms and mode of keeping same : together with abstracts from Table B fromthe Joint Stock Companies Act, 1856, of the Fraudulent Trustee Act, of the Railway Companies Arbitration Act, 1859, and of the Companies Seals Acts, 1864
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Joint Stock Companies
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Joint stock company bookkeeping, with general and technical information respecting incorporated companies
A JOINT STOCK COMPANY is an association of individuals, who have united and have obtained incorporation for the purpose of carrying out an undertaking which ...Everyday Report Directory
Joint-stock company - Wikipedia, the free encyclopedia
A joint-stock company (JSC) is a type of corporation or partnership involving two or more individuals that own shares of stock in the company. ...
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joint-stock company ( ) n. A business whose capital is held in transferable shares of stock by its joint
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The system of registration was revised by the Joint Stock Companies Act 1856 which introduced the system, largely still in operation as of 2006[update] ...
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