Record 37 stocks delisted in 2013

Dec 26th at 13:25
26-12-2013 13:25:23+07:00

Record 37 stocks delisted in 2013

The stock market of Viet Nam witnessed a record 37 companies delisted from exchanges this year, compared to 22 delisted stocks in 2012.

Of those, five stocks were delisted after merging and restructuring, 13 stocks were delisted after reporting losses for three consecutive years or due to their aggregate losses exceeding their equity.

Of note, four companies were forced to be delisted due to violating regulations when they did not publish financial information.

vietnamnews



NEWS SAME CATEGORY

Falling liquidity halts City rally

Share prices slid in the HCM City bourse while adding value across the electronic board in Ha Noi yesterday, though the momentum remained somewhat muted.

Listed companies starve shareholders of transparency

The transparency level of listed companies on the nation's stock exchanges remains weak, as most do not release company information to their shareholders.

Manufacturing gains as mounting selling pressure drags down stocks

Shares failed to retain their momentum from Monday's rally and stumbled yesterday as selling pressure increased.

Economic recovery boosts shares

Shares rebounded on both national stock exchanges yesterday.

ETF restructuring delivers mixed results

The benchmark indices went in opposite directions on both national exchanges last week, as the market witnessed an improved liquidity after some exchange-traded...

New foreign portfolio investment cycle starts in Vietnam

The foreign portfolio investment has got ready for the disbursement into Vietnamese businesses.

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.

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

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

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...

TRENDING


MOST READ


Back To Top