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OTC market recap week ending 17 July: Market slides, trading slows   2009-07-17 - SanOTC

OTC market recap week ending 17 July: Market slides, trading slows
SanOTC- Cautious atmosphere prevailed on OTC market making the liquidity drained. Companies have announced earnings but the news could not help hike the price. Some to-be-listed stocks increased slightly but could not keep heat for the market.

 

Financial stocks

Right after the debut, CTG of Vietinbank fell to ground floor for 2 straight days  38,100 VND a share. This increased the fear of further going down in bank shares.

MB fell from 29,000 VND to 28,000 VND a share this week and the buying –selling activities were also low. The bank has just finished selling 1000 billion VND 2 year bond.

Eximbank officially announced record time by 17:00 July 31 for beneficiary shareholders of  22% dividend in stock to increase charter capital to 8.8 trillion VND. However, EIB stock price was down to 25,800 VND a share.

EAB stock was also down 1000 VND a share to 25,000 VND a share despite the news that the bank has been approved to offer existing shareholders 52 million more shares for the par value of 10,000 VND a share. The price has been announced and the issuing time was 90 days. EAB also announced pre-tax profit in the first 6 months of 2009 of 385 billion VND.

Other banking stocks was down from 200-1000 VND a share, liquidity was dry:  TCB at 39,000 VND; ABB at 13,500 VND; VPB at 15,300 VND; MSB at 19,500 VND; OCB at 13,800 VND; VAB at 10,000 VND; SCB at 18,000 VND and HDB at 13,000 VND.

Securities stocks were sluggish. FPTS at 13,200 VND, DVSC at 9,000 VND; PVSC at 11,000 VND;  WSS at 12,500 VND  and TVSC at 10,000 VND.

Stocks of other groups

Most stocks fell gradually except for some to-be-listed ones.  On the up side; PvgasD was up at 39,000 VND; Sabeco was up  at 36,500 VND; DIC as at 55,000-56,000 VND; Intresco at 45,500 VND; Sacomreal unchanged at 19,800 VND. 

 On the down side, Masan was down to 65,500 VND, Pvcoms down 700 VND to 17,000 VND; BSHC at 13,800 VND; Nosco at 15,700 VND; Ftelecom at 70,000 VND; Vinacafe at 67,000 VND; Petroland at 9,000 VND; Habeco at 35,000 VND; Tanimex at 50,000 VND; coteccons at 64,500-65,500 VND; Mekophar at 69,500 VND and TamPhuoc at 12,500 VND… 

UPCoM market was traded in the week 4  and for this week it gained 0.02 point to 72,47 volume was falling down. The market welcomed the 11th member ABI on 16 July.

 

OTC STOCK PRICE QUOTE (for reference only)

Week 3 of July

Stock symbol

Face value

Last week

This week

Trend

VPB

10

15.6

15.3

ABB

10

13.6

13.5

MB

10

29.0

28.2

PVGASD

10

38.5

39.0

EIB

10

26.7

25.8

FPTS

10

13.3

13.2

VIETINBANKSC

10

27.0

26.5

EAB

10

26.0

25.0

INTRESCO

10

45.0

45.5

SABECO

10

34.5

36.5


Other news

AgriBank Insurance Co. to list shares on UPCoM   2009-07-15

Sabeco gains 500 billion dong in H1 profit   2009-07-15

Imexpharm expects first-half net profit to rise 19 percent   2009-07-14

VASS extends deadline to seek strategic partners   2009-07-14

SCB achieves 517b dong of short-term outstanding loans in H1   2009-07-14

PVGas South receives 50pct of first oil product from Dung Quat refinery   2009-07-14

Vietinbank H1 pretax profit reaches VND2.1 trillion   2009-07-13

OTC market recap week ending 10 July: Market Wobbles in thin trading   2009-07-11

Investors in fire ball   2009-07-01

Down trend appears?   2009-06-30

Hestitation to specifiy trend   2009-06-29

UpCom approaching   2009-05-29

OTC market: Tightened control will help?   2009-05-21

Viet Capital Securities announces 2008 profit of 12b dong   2009-05-20