Home Stocks Stock Market

Foreign investors boost stake in steelmaker

Dec 21st at 16:00
21-12-2013 16:00:23+07:00

Foreign investors boost stake in steelmaker

A group of eight foreign investors bought shares of steel maker Hoa Phat (HPG) to increase their stake from 8 per cent to 9.07 per cent, the company has announced.

The change in ownership will be effective from December 23.

Specifically, Norges Bank bought an additional 3.7 million HPG shares to hold 2.42 per cent in the company, while Ireland's DC Developing Markets Strategies and Singapore's The CH/SE Asia Investment Holdings raised their stakes by 0.14 per cent and 0.05 per cent, respectively.

vietnamnews

MOST READ

NEWS SAME CATEGORY

US tapering likely to benefit VN
STOCK MARKET Dec 21st at 15:54

US tapering likely to benefit VN

The reduction of the US Federal Reserve's US$85 billion stimulus package to $75 billion won't directly impact the Vietnamese stock market, but will affect foreign...

Liquidity high as shares tumble
STOCK MARKET Dec 21st at 10:43

Liquidity high as shares tumble

Accelerated selling in the afternoon dragged down the benchmark indices on the HCM City Exchange, even as liquidity climbed to a new high yesterday.

Renewed investor confidence spurs rally
STOCK MARKET Dec 20th at 13:23

Renewed investor confidence spurs rally

Shares finished higher yesterday on both national stock exchanges as investors welcomed the US Federal Reserve's (Fed) move to "taper" monthly bond buying by US$10...

Analysts upbeat on securities outlook
STOCK MARKET Dec 20th at 13:21

Analysts upbeat on securities outlook

While investment channels, such as gold, real estate and banking, seem not particularly upbeat, securities companies in Viet Nam predict a better scenario for the...

Investor caution takes its toll on City stock market
STOCK MARKET Dec 19th at 10:50

Investor caution takes its toll on City stock market

Shares lost yesterday in HCM City, while maintaining an upward trend in Ha Noi as investors remain cautious over the market.

Shares rebound on eased selling pressure
STOCK MARKET Dec 18th at 13:40

Shares rebound on eased selling pressure

The market rebounded yesterday due to lower selling pressures than experienced on Monday.

SCIC withdrawal stimulates markets
STOCK MARKET Dec 17th at 15:40

SCIC withdrawal stimulates markets

The State Capital Investment Corporation’s capital divestment process is expected to stimulate the stock market and attract more foreign capital in the near future.

SSC to tighten stock market monitoring
STOCK MARKET Dec 17th at 10:51

SSC to tighten stock market monitoring

The State Securities Commission (SSC) said the restructuring and supervision of the stock market would be improved next year to ensure the market's transparency and...

Sharemarkets show mixed results
STOCK MARKET Dec 17th at 10:49

Sharemarkets show mixed results

Shares finished higher yesterday in Ha Noi, but lower in HCM City.

ETF portfolio restructuring weighs on shares
STOCK MARKET Dec 16th at 13:21

ETF portfolio restructuring weighs on shares

The trading of shares last week was mostly affected by the caution shown by traders prior to the restructuring of exchange-traded funds' portfolio.

Read More

TRENDING

MOST READ

Back To Top