{"id":14721,"date":"2020-10-28T23:45:44","date_gmt":"2020-10-28T16:45:44","guid":{"rendered":"https:\/\/dongtam.mywebico.com\/?p=14721"},"modified":"2020-10-28T23:45:44","modified_gmt":"2020-10-28T16:45:44","slug":"real-estate-leads-vn-rebound","status":"publish","type":"post","link":"https:\/\/dongtam.com.vn\/en\/real-estate-leads-vn-rebound\/","title":{"rendered":"Real estate leads VN rebound"},"content":{"rendered":"<\/p>\n<div class=\"post-content\">\n<div align=\"justify\">Vietnamese shares rebounded yesterday, boosted higher by real estate firms as investors eyed solid third-quarter earnings prospects of these companies.<\/div>\n<div style=\"text-align: center\"><img decoding=\"async\" src=\"https:\/\/dongtam.com.vn\/wp-content\/uploads\/2020\/10\/17-ck.jpg\" style=\"width: 500px;height: 322px\" title=\"17-ck\" alt=\"\"><br \/> An investor observes market movements at Saigon Securities Inc. Domestic shares rallied yesterday as investors eyed solid third-quarter earnings prospects of real estate firms. \u2014 VNS Photo Doan Tung<\/div>\n<div align=\"justify\">On the HCM Stock Exchange, the VN-Index rose 0.8 per cent to close the session at 595.1 points. The Index decreased 0.7 per cent over the previous two sessions.<\/p>\n<p> On the smaller bourse in Ha Noi, the HNX-Index also snapped a two-day decline with a gain of 0.8 per cent, sending it to a two-month high at 81.4 points.<\/p>\n<p> The overall market condition was positive with nearly 41 per cent of total 679 trading stocks advancing while only 21 per cent declined.<\/p>\n<p> Real estate developer Tan Tao Investment Industry Corp (ITA) was the biggest gainer with a rise of 6.3 per cent while others including FLC Group (FLC), Hoang Quang Consulting-Trading-Service Real Estate Corp (HQC), Ninh Van Bay Travel Real Estate Co (NVT) and Duc Long Gia Lai Group (DLG) increased between 1.5 per cent and 3.8 per cent.<\/p>\n<p> &#8220;Investors are bullish on the earnings prospects of real estate companies in the third quarter,&#8221; said Nguyen Thanh Tung, an analyst at Ha Noi-based Royal Securities Co.<\/p>\n<p> Tung said the second half of the year was the time that many property firms put revenues of important projects in their accounts.<\/p>\n<p> FLC estimated its third-quarter revenue at nearly VND1.3 trillion (US$58 million), a 250-per-cent rise year-on-year while pre-tax profit was projected at VND300 billion ($13.4 million), up 240 per cent over the same period of last year.<\/p>\n<p> Meanwhile, HQC also showed confidence in completing its yearly targets of VND3.23 trillion ($144.2 million) in revenue and VND320.2 billion ($14.3 million) in net profit by this quarter.<\/p>\n<p> HQC, ITA and FLC were also the most active stocks nationwide yesterday with each seeing 5 to10 million shares traded.<\/p>\n<p> After a two-day fall, bank stocks also rebounded yesterday. Seven of nine listed banks posted gains while none declined.<\/p>\n<p> Large-cap banks like Vietcombank (VCB), Sacombank (STB), Eximbank (EIB), Bank for Investment and Development of Viet Nam (BID) and Military Bank (EIB) edged up between 0.4 and 2.1 per cent.<\/p>\n<p> Overall liquidity decreased slightly with a total of nearly 135 million shares worth VND2 trillion ($89.3 million) being traded in the two markets, down 4 per cent in volume and 11 per cent in value compared with Wednesday&#8217;s levels.<\/p>\n<p> <i><b>Vietnamnews.vn<\/b><\/i><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Vietnamese shares rebounded yesterday, boosted higher by real estate firms as investors eyed solid third-quarter earnings prospects of these companies. An investor observes market movements at Saigon Securities Inc. Domestic shares rallied yesterday as investors eyed solid third-quarter earnings prospects of real estate firms. \u2014 VNS Photo Doan Tung On the HCM Stock Exchange, the [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":14338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[734],"tags":[],"class_list":["post-14721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts\/14721"}],"collection":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/comments?post=14721"}],"version-history":[{"count":1,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts\/14721\/revisions"}],"predecessor-version":[{"id":15149,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts\/14721\/revisions\/15149"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/media\/14338"}],"wp:attachment":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/media?parent=14721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/categories?post=14721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/tags?post=14721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}