$VGI

Virtus Global Multi-Sector Income Fund

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Vietnamese oil, gas firms hold almost $7bn in cash, cash equivalents in 2nd quarter

Vietnam’s 11 oil and gas firms reported combined Q2 2026 pre-tax profit of over VND23.4 trillion ($896.6m), extending profit growth for three quarters. Petrovietnam Refining (BSR) led with nearly VND8.5trn; Petrovietnam Gas (GAS) with over VND7.4trn. BSR, PLX, OIL and DPM held about VND178.5trn ($7bn) cash and cash equivalents. OIL posted its first loss in 10 quarters. TCBS flagged PLX divestment and public-company compliance milestones.

Vietnam stock market slips as state-owned stocks retreat after rally

Vietnam’s VN-Index slipped slightly around 1,770 as investors turned cautious amid profit-taking and mixed sector moves. Liquidity eased to 640.8M shares worth VND16.01T on Ho Chi Minh City. GAS led declines, while LPB, MBB, OCB and brokerages like VIX, TCV, CTS gained. State-owned stocks retreated after Monday’s rally.

Thursday’s insider activity: Major sells dominate trading By Investing.com

Investing.com reported U.S. insider trading for July 16, 2026. Major buys included Boundless Bio (63,969 shares, about $155.6k), ADIAL Pharmaceuticals (3,233 shares, $8,690), FIS (1,386 shares, $57.4k) and Cardiff Oncology (34,364 shares plus warrants). Major sells included Celcuity (3.1M shares, about $317.8M), Arista Networks (300k shares, about $54.2M), Butterfly Network (4.0M shares, about $29.4M), CoreWeave (307,692 shares, about $24.8M) and Venture Global (555,556 shares, about $14.3M).

VGI sentiment & insider activity

Recent VGI coverage spans financial news, sector analysis and market movers.

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Vietnamese oil, gas firms hold almost $7bn in cash, cash equivalents in 2nd quarter

Vietnam’s 11 oil and gas firms reported combined Q2 2026 pre-tax profit of over VND23.4 trillion ($896.6m), extending profit growth for three quarters. Petrovietnam Refining (BSR) led with nearly VND8.5trn; Petrovietnam Gas (GAS) with over VND7.4trn. BSR, PLX, OIL and DPM held about VND178.5trn ($7bn) cash and cash equivalents. OIL posted its first loss in 10 quarters. TCBS flagged PLX divestment and public-company compliance milestones.

$ADILLow

Thursday’s insider activity: Major sells dominate trading By Investing.com

Investing.com reported U.S. insider trading for July 16, 2026. Major buys included Boundless Bio (63,969 shares, about $155.6k), ADIAL Pharmaceuticals (3,233 shares, $8,690), FIS (1,386 shares, $57.4k) and Cardiff Oncology (34,364 shares plus warrants). Major sells included Celcuity (3.1M shares, about $317.8M), Arista Networks (300k shares, about $54.2M), Butterfly Network (4.0M shares, about $29.4M), CoreWeave (307,692 shares, about $24.8M) and Venture Global (555,556 shares, about $14.3M).

Virtus Global Multi Sector Income Fund: April 20, 2026 - Virtus Closed-End Funds Joint Annual Meeting of Shareholders Proxy Statement

The proxy statement announces the Virtus Closed-End Funds Joint Annual Meeting of Shareholders to be held virtually on June 1, 2026, at 3:30 p.m. Eastern Time. Shareholders will vote on the election of trustees/directors for several Virtus funds and the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm. The board unanimously recommends voting "FOR" all nominees and the ratification.

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