Oil up 20%, gold down nearly 7%: US yields are driving
The news from the Gulf got worse, yet gold slid to a seven-week low. The chain running from oil through inflation, the Fed and US Treasury yields explains why.
High rates weigh on the market but pay Bao Viet's bills
On September 28, the VN-Index slipped as 248 stocks fell, while BVH hit its daily limit on its heaviest volume in about four years. The same high-rate environment that drags on most stocks is revenue for Bao Viet.
PNJ posts a VND 61bn two-month loss: 801bn now rides on Q4
The claim that PNJ still earns VND 801 billion once provisions are stripped out is a full-year forecast. Actual July and August results show gross margin nearly halved and the core business slipping into a loss.
NVL at limit-down before its VND 10,000 rights record date
Novaland's NVL fell to its daily floor of VND 11,050 just before the record date for its 3-for-1 rights offering. The gap between the market price and VND 10,000 decides what shareholders' rights are worth and how much Novaland can raise to repay bonds.
US rejects Hormuz offer: Nov 3 becomes oil's next marker
Per the WSJ, Trump expects to resume strikes on Iran after the Nov 3 US midterms. The Hormuz standoff now has a date on the calendar, and Vietnam's pump prices are tracking every move.
PYN Elite trails the VN-Index, and the gap is called VIC
Nine months in, the VN-Index has barely moved while PYN Elite's NAV is down about 8%. Most of that gap comes from one stock the fund refuses to own, and it is a useful lesson in what "underperforming the index" really means.
VND 150 million in premiums, VND 20.9 million back on exit
A retired army officer went to her bank to open a savings deposit and signed an eight-year insurance policy instead. Court records show most of her loss came from the policy's early-year charges, not from bad investments.
Rubber at a 13-year high: latex earners vs land earners
Vietnam's rubber stocks are rising together on the latex rally, but first-half filings show PHR, TRC, GVR, DRI and DPR earn their money in very different ways, so the rally will not lift them equally.
Hydro runs dry: MBS sees thermal power leading Q3 profit
A drier year has cut hydropower output and pushed Vietnam's grid toward gas and coal. MBS expects POW, NT2 and QTP to lead Q3 earnings, but each forecast rests on very different drivers.
PCB offers shares 62% above market, still below book value
PVcomBank has set its private placement price at VND 13,628, roughly 62% above PCB's market price. Set against the bank's own balance sheet, that price says more about the terms of the sale than about what the stock is worth.
HNX stocks move to HoSE by Dec 31: daily limit drops to 7%
In roughly three months, every stock listed on the Hanoi exchange must move to HoSE. The trading rules for your shares will change. A higher share price just from switching exchanges is far from guaranteed.
Waiting for a bargain can cost VND 27M per billion
SGI Capital's CEO keeps most of his undeployed cash in 1–3 month deposits. We line up three ways to park VND 1 billion to see what that flexibility costs, and who each approach suits.