Stocks continue to fall in Asia
(Sep 23, 2014)
The losers continued to outnumber the gainers in Asian stock markets on Tuesday.
Shares bounced back on the HCM City Stock Exchange this morning. The VN-Index added 0.3 per cent to close at 613.77 points.
Asian stocks fell on Monday after rallying during the final trading days of last week.
The Viet Nam National Textile and Garment Group (Vinatex) auctioned
110.56 million shares, or more than 90 per cent of the total, in its
initial public offering (IPO) on Monday.
Eighty-seven investors have registered to purchase 110.56 million
shares of Vinatex at
the company's IPO next Monday.
Asian stocks continued to rally on Friday.
Hau Giang Pharmaceutical (DHG) will begin its expansion into Myanmar by
acquiring a majority stake in ASV Pharma, which partners with a Myanmar
firm building drug factories.
Stock markets across Asia saw a stronger rebound on Thursday with the exception of Hong Kong and Viet Nam.
Domestic stock market authorities hope the local bourse will become an emerging market in the near future.
Shares closed lower this morning on both the stock exchanges as the losers were more than twice the number of gainers.
Share prices rallied in some Asian markets on Wednesday after falling across the region in the previous session.