HCMC – Viet Capital Securities Joint Inventory Firm (VCSC), whose VCI shares are traded on the Hochiminh Inventory Change, needs to be renamed as Vietcap Securities JSC.

That is a part of its plan to enhance its model recognition, because the agency now known as many alternative names, reminiscent of VCI, VCSC, and Viet Capital Securities, and is often misidentified as different firms with comparable names.

“This makes its model recognition laborious, so it’s pressing to consolidate its identify and model id,” VCSC stated.

The identify change plan should be accredited by shareholders at an upcoming common assembly.

This 12 months, VCSC expects its income to develop 2.8% towards 2022 at practically VND3,250 billion, and its pre-tax revenue to contract 5.6% at VND1,000 billion.

It additionally introduced it will challenge two million shares beneath the worker share possession plan with a worth of VND12,000 per share.

On the shut of the buying and selling session in the present day, March 9, VCI edged down 0.36% to VND28,000 and reported an identical quantity of over 4.7 million shares.

With 271 advancers and 118 decliners, the benchmark VN-Index of the HOSE maintained its profitable momentum for the fourth straight session. The primary index ended 6.77 factors increased than the earlier session, or up 0.65%, at 1,055.95.

Commerce on the HCMC trade topped VND10.7 trillion with 609 million shares altering fingers, rising 19% in quantity and 25% in worth towards the buying and selling session yesterday. Over 51.3 million shares traded in block offers contributed over VND1.1 trillion to the general worth.

The commerce quantity of financial institution inventory STB tripled over the session earlier and took the lead by liquidity, with an identical quantity of over 42.5 million shares.

The Hanoi trade noticed 95 shares rising and 64 others dropping. The HNX-Index superior 0.35 level over yesterday’s session at 209.03, with 55 million shares valued at VND844.8 billion traded.

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