DIG shares set a liquidity record.

Shares of the Vietnam Construction Investment Development Corporation (DIG) saw trading volume of 69.88 million units today, March 15th, nearly double the volume from yesterday and reaching its highest level since listing on the stock exchange.

Shares of the Vietnam Construction Investment Development Corporation (DIG) continued their upward trend today, maintaining a bullish momentum throughout the session. DIG closed at 28,500 VND, up 3.65% from the reference price, extending its winning streak to four consecutive sessions. This rally has helped the stock accumulate nearly 9% more shares compared to the price at the beginning of the week.

The biggest highlight of DIG's trading session on March 15th was the trading volume reaching 69.88 million units, an increase of nearly 34 million units compared to yesterday. Of this, approximately 8.5 million shares changed hands at 28,500 VND and about 124,000 shares were successfully traded at the session's highest price of 29,000 VND.  

Today, DIG's trading volume accounted for 7.31% of the total matched volume on the Ho Chi Minh City Stock Exchange, far surpassing the share of other stocks such as HPG (3.75%), VND (3.47%), and EIB (3.22%). With 69.88 million shares changing hands, DIG's trading value on the last trading day of the week reached VND 1,989 billion, the highest since the stock was listed on the stock exchange 14 years ago.  

With over 609.8 million shares outstanding, DIG's market capitalization stands at VND 17,380 billion.  

DIG's upward trend mirrored the performance of the real estate sector, with many mid- and small-cap stocks reversing from declines to gains towards the end of the session. The surge in real estate stocks followed a meeting between the Prime Minister and leading businesses to discuss monetary policy for the year, aimed at alleviating difficulties in production and business. It is highly likely that this upward trend will continue as government leaders continue to chair a conference with localities on March 16th to address difficulties and promote the implementation of social housing projects.  

Price and liquidity chart of DIG stock.

The DIC Board of Directors recently announced the final registration date to attend the company's annual general meeting in April. At this meeting, the company will report on its 2023 business results, with revenue of VND 1,027 billion, a 46% decrease compared to the same period. However, thanks to a surge in financial revenue and cost reductions, the company reported a net profit of VND 176 billion, an 18% increase compared to the same period.  

As of the end of 2023, DIC had total assets of approximately VND 16,888 billion. Earlier last month, the company announced that it had successfully raised VND 600 billion through a private placement of bonds with a 3-year maturity and an issuance interest rate of 11.25% per annum.  

Source: https://baodautu.vn/co-phieu-dig-lap-ky-luc-thanh-khoan-d210859.html