Retail petrol prices up slightly to new record in latest adjustment
Retail petrol prices were up by nearly VND500 per litre from 3pm on June 21 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
A gas station in Ha Noi on Tuesday. — VNA/VNS Photo Tran Viet
Retail petrol prices were up by nearly VND500 per litre from 3pm on June 21 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
The retail price of E5RON92 bio-fuel increased VND185 to a maximum of VND31,302 (US$1.35) per litre, while that of RON95 rose VND498 to VND32,873 ($1.42) per litre.
The prices of diesel 0.05S and kerosene, meanwhile, went up VND999 and VND946 to VND30,019 and VND28,785 per litre, respectively.
This is the seventh consecutive price increase since April 21. In total, the price of RON 95-III and E5 RON 92 bio-fuel surged by about VND5,500 and nearly VND5,000 per litre, respectively. — VNS
Market breadth was decidedly negative, with 250 declining stocks, compared to 68 advancing. Trading value on the southern bourse increased significantly to approximately VNĐ11.2 trillion (US$440.1 million), a 49.3 per cent rise from the previous session.
The regulatory approval comes over a year after SeABank and Aeon Financial signed a capital transfer agreement for PTF, valued at VNĐ4.3 trillion (approximately US$181 million).
Despite their active participation, a large portion of these investors found themselves chasing stocks at their peak rather than succeeding in the market.
Trading liquidity plunged to approximately VNĐ7.5 trillion (US$295 million), marking a 26.5 per cent decrease compared to the previous session. This was the lowest level recorded since March 2023.
The stock market in 2024 witnessed the delisting of multiple companies, primarily due to three consecutive years of losses, or cumulative losses exceeding the actual contributed capital.