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VCSC Daily - Market steady as AGM season peaks – PET AGM – NLG drop 20% in HSX debut

Market Commentary

08 Apr 2013

Market steady as AGM season peaks. The VNI gained 4.08 points to close at 506.66 with 52m shares traded. The HNI closed up 0.6% at 61.36 with nearly 54m shares traded, a 72% jump in turnover, mostly due to 20m shares of SHB changing hands. Shares of the bank was up 5.8% as the bank revealed at its AGM held on Saturday, that it will try to settle bad debts owed by Vinashin by converting the debt to bonds.

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