HO CHI MINH CITY, Oct. 21 (Xinhua) -- The Vietnam Stock Index or VN-Index, a capitalization-weighted index of all the companies listed on the Ho Chi Minh City Stock Exchange, approached the threshold of 690 points this week.
The index closed at 688.89 points on Wednesday. According to local stock experts, investors were optimistic about the market outlook and earnings prospects of listed companies.
Many blue chips gained value, including financial and bank stocks (VCB), BIDV (BID), Vietinbank (VCB), Sacombank (STB), Asia Commercial Bank (ACB), Sai Gon-Hanoi Bank (SHB), HCM Securities Co. (HCM), Saigon Securities Inc. (SSI) and insurer Bao Viet Holdings (BVH).
Besides blue chips, a large number of low-valued stocks had impressive performances, including real estate developer FLC Group (FLC), Quang Nam Rubber Investment JSC (VHG), Hoang Huy Investment Services JSC (HHS), PetroVietnam Construction JSC (PVX) and Sai Gon Thuong Tin Real Estate JSC (SCR).
The index closed at 684.83 points on Friday, down 1.56 points, or 0.23 percent, from the previous trading day's close. From the previous week's closing session, the index lost 2.17 points, or 0.31 percent.
During the week, the index experienced two ups and three downs, posting the highest level of 688.89 points on Wednesday, and the lowest level of 680.95 points on Monday. In comparison, it ranged between 674.19 points and 687 points in the previous week.
About 136.021 million shares worth 2.392 trillion Vietnamese dong (VND) (108.64 million U.S. dollars) changed hands on the Ho Chi Minh City Stock Exchange on Friday, an increase of 12.32 percent in volume and 0.79 percent in value against Thursday.
The index may reach 700-710 points in the next trading sessions, predicted Bao Viet Securities Company.
PARIS Under Armour Shoes Sale , Nov. 15 (Xinhua) -- French National Police published a photo of a wanted man who is "likely to be involved" in Paris attacks, and are appealing for witnesses.
According to the wanted poster Under Armour Youth Shoes , the man is named Abdeslam Salah, 26 years old and he is suspected to be the man who rented the black Polo car used during the shootings Friday night in Paris Under Armour Kids Shoes , the police said.
Given the dangerousness of the suspect, the police asked any witness "not to intervene yourself."
Ten months after the deadly terrorist attack in January Under Armour Boys Shoes , calm was broken once against Friday night in the French capital where explosions and shootings took place in Paris 10th and 11th district and its northern suburb.
Earlier Saturday, French President Francois Hollande revealed that "the act of absolute barbarism" was "an act of war" organized from abroad by the Islamic State (IS) with internal complicities.
IS on Saturday claimed responsibility for the attacks in a statement issued online.
France Under Armour Mens Shoes , of which border controls are heightened, has been in state of emergency since Saturday morning.
A three-day mourning is ongoing in France.
KABUL Under Armour Womens Shoes , Oct. 21 (Xinhua) -- At least 15 army cadets were killed and four others wounded as suicide blast happened in Kabul, capital of Afghanistan on Saturday afternoon Under Armour Shoes , the defense ministry confirmed.
"A suicide bomber detonated his explosives close to the Marshal Fahim military university in western part of Kabul, killing 15 army cadets and injuring four others Under Armour Youth Shoes Clearance ," Dawlat Waziri, spokesman for the ministry of defense Under Armour Kids Shoes Clearance , said in a statement.
No group has claimed responsibility for the attack so far.
This week has been a brutal one for Afghanistan. Suicide bombers on Friday detonated their explosives among the prayers on two Shia mosques in the country, one in Kabul and another in western province of Ghor Under Armour Boys Shoes Clearance , killing 56 people and wounding 55 others.
WINDHOEK, Oct. 26 (Xinhua) -- Namibia's finance minister is expected to announce more cuts when he presents the 201617 budget review Thursday.
The country that is implementing two developmental projects -- the Harambee Prosperity Plan and the National Development Plan (NDP) 5, is walking a tight economic rope with desires to improve people's lives on one hand and reduce spending as much as possible on the other.
Under the Harambee plan, Namibia should provide housing, potable water, create jobs and alleviate poverty in the next four years, while the NDP is used to gauge progress towards the country's Vision 2030.
The nation's fifth NDP is currently being put together to run concurrently with the Harambee plan. The NDPs are under the economic planning ministry whose minister Tom Alweendo is on record saying that the budget cuts will impact negatively on both the Harambee plan and development plans.
Namibia has an 8 billion Namibian dollars (584 million U.S. dollars) budget deficit and had its economic outlook revised from stable to negative by Fitch Rating in early September this year.
Finance minister Calle Schlettwein has already appropriated more than 63 million Namibian dollars from all the ministries early this year.
This time, Schlettwein is targeting close to 5 billion Namibian dollars from the three-year rolling 66 billion Namibian dollars budget.
Schlettwein has said to afford the salary increases, the government needs to look into where the budget will be cut.
However, these cuts are coming when the government is running the Harambee Prosperity Plan, launched in March this year by President Hage Geingob, whose success depends on adequate funding.
Economic planning minister Alweendo said the government needs to be careful when deciding the cuts so as not to bring the economy to a stand still.
The minister admits that the cuts will indeed impact negatively on the Harambee plan.