SHB leads HaSTC in terms of trading volume

VNStockNews.com - In the first session on Hanoi Securities Trading Centre (HaSTC) yesterday, SHB coded share of Saigon Hanoi Commercial Joint Stock Bank led the market in terms of trading volume with 2,079,300 shares for 30 billion dong changing hands successfully.

This is the third bank share code being listed on the stock market, after ACB and STB.

The lowest trading price of the bank share was 13,600 dong each, highest at 15,300 dong/share and average at 14,400 dong/share.
Foreign investors spent 81.760 billion dong on purchasing 5,600 SHB coded shares.

Last year SHB posted total asset of 14.381 trillion dong, a y-o-y growth of 16%, total revenue of over 1.640 trillion dong, total pre-tax profit of nearly 269 billion dong, surging 187% and 52% from 2007. Also, the bank gained a dividend of 8%.

On March 20, SHB passed the 2009 business plan with total asset of 20.503 trillion dong, up 42.5% on 2008, 336 billion dong in pre-tax profit, and a dividend of 10.5% a year.

Additionally, the shareholders meeting approved the plan of issuing convertible bonds to raise chartered capital from two trillion dong to 3.5 trillion dong, including one trillion dong of bonds being offered to existing shareholders and 500 billion dong to foreign shareholders.